Quote:
Originally Posted by rhertz
Does anyone remember when Shreveport spent $1M to court Boeing when they were thinking of building a plant here. If I recall, Boeing ended up not building the plant at all...
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Well, I'd have to say that a million dollars, even though it's quite steep for 1 city is still within reason to try to attract a company like Boeing.....wasting nearly 2 billion on a failed venture, even if a fraction of that is economic incentives is still going WAAAAAAAAAAAY to far.
I suspect Shreve would have seen a profit within 2 years on a 1 mill investment. How long before over 2 BILLION dollars worth of Louisiana Steel get's sold?!?!?!