Lessons From 2 Decades of Failed Job Deals

Lessons From 2 Decades of Failed Job Deals
A United Auto Workers assemblyman works on a 2018 Ford F-150 truck at the Ford Rouge assembly plant in Dearborn, Mich., on Sept. 27, 2018 Carlos Osorio/AP
James Hohman
Updated:
0:00
Commentary
The federal government and the state of Ohio made a deal with Intel in 2022 to build chip factories that would create 10,000 jobs in exchange for billions in subsidies and tax breaks. The opening has been delayed to 2031, but people shouldn’t expect the company to live up to its job claims even then. Government deals with big companies rarely deliver what they say.
James Hohman
James Hohman
Author
James Hohman is the director of fiscal policy at the Mackinac Center for Public Policy, a free-market research and educational institute in Midland, Mich.