BuckeyeBlog

The Lima News has a great editorial taking on corporate welfare for Chuck E. Cheese:

Beth Granger, a project manager for the West Central Development Corp., last week told Allen County commissioners an application for a $500,000 Community Development Block Grant is apparently to bring a Chuck E. Cheese restaurant. The county would get the grant and then fund Smiles Food and Fun of Lima LLC through the revolving loan program. The $2.1 million project would create 30 jobs. We’re guessing they won’t be the high-paying manufacturing jobs that development officials use to justify spending tax money on private enterprise.

Such an eatery already exists here, and just down the street from the Elida Road location where Chuck E. Cheese will open. But, government assisting the one business gives it a taxpayer-provided advantage. Such is the joy of Community Development Blockhead Grants.

Buckeye Institute advisor James Stotter wrote about the folly of government economic development here.

Tags: Corporate Welfare

This entry was posted on Tuesday, April 8th, 2008 at 9:58 am and is filed under Economic Freedom. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.