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What new jobs? California program to entice hiring falls short
Davis Enterprise ^ | November 27, 2017 | By Judy Lin

Posted on 11/27/2017 1:28:52 PM PST by Oldeconomybuyer

Four years after Gov. Jerry Brown launched his signature program to boost California jobs by awarding tax credits to the businesses that create them, businesses have left two-thirds of those available credits unclaimed — a sign that most expected jobs have yet to materialize.

Nor can the state say for sure how many of the administration’s 83,414 projected jobs over five years have actually been created. State offices responsible for awarding and monitoring the California Competes tax credits say they aren’t keeping count.

So far, the Governor’s Office of Business and Economic Development (GO-Biz) has awarded $622.8 million to 865 companies.

(Excerpt) Read more at davisenterprise.com ...


TOPICS: Business/Economy; Government; News/Current Events; US: California
KEYWORDS: biggovernment; failure; jerrybrown; socialism
"The more plans fail, the more the planners plan". - Ronald Reagan
1 posted on 11/27/2017 1:28:52 PM PST by Oldeconomybuyer
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To: Oldeconomybuyer

'nuff said.

I just paid $2.09/gallon last week in Dallas.

2 posted on 11/27/2017 1:34:39 PM PST by freedumb2003 (Ted Kennedy is the only person with an actual confirmed kill in the war on women.)
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To: Oldeconomybuyer

What the hell do the people in CA expect?

Business is leaving the state to do their business elsewhere.


3 posted on 11/27/2017 1:59:54 PM PST by 353FMG
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To: Oldeconomybuyer

bkmk


4 posted on 11/27/2017 2:07:42 PM PST by Sergio (An object at rest cannot be stopped! - The Evil Midnight Bomber What Bombs at Midnight)
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To: Oldeconomybuyer

Take money from business to give to other businesses to replace the jobs you just lost because you take too much money from business. Plus shipping and handling of course...

But wait! There is more!!


5 posted on 11/27/2017 6:08:56 PM PST by American in Israel (A wise man's heart directs him to the right, but the foolish mans heart directs him toward the left.)
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