Aerotropolis: More Like Boondoggleopolis

Aerotropolis is a subsidy sandwich, designed to benefit big developers. It subsidizes building warehouses when there is already space readily available and ignores the economic realities of what really makes a major cargo hub fly.

For more details on the Aerotropolis Boondoggleopolis  please read the full case study from the Show-Me Institute.

Looks like I picked the wrong week to expect the Missouri General Assembly to stop giving government handouts to their buddies.

MOSIRA: Weird Science

If you haven’t heard of or read about MOSIRA – the Missouri Science and Innovation Reinvestment Act, then Ron Calzone’s article  will succinctly give you all of the “lowlights” on just how bad MOSIRA truly is.

A few of MOSIRA’s many faults:

  • Uses public resources to provide privileges for private parties
  • Gives the governor and other politicians even greater power to pick who has market privileges
  • A wide array of funding issues including mandated appropriation and potentially forcing growing businesses to fund their competitors
  • MOSIRA subsidies may potentially be used to fund embryonic stem cell research
  • Little accountability for funds spent
  • Violates the Missouri Constitution
For a PDF version of Ron Calzone’s article, click the link below.