Winter is the perfect time to explore the natural stone shelters where native Arkansans once lived
There's an Arkansas angle here in a tale of corporate welfare that appears to be playing out poorly.
The Wall Street Journal reports that ThyssenKrupp is pulling the plug on an $11.8 billion steel mill in Alabama. High production and transport costs, a weakening market and competition were listed in the article as factors.
Remember when Arkansas and Louisiana came down to the final round in the competition for this plant about five years ago? Alabama won with a whopping $1 billion worth of incentives and credits. Seems like the Arkansas site near an earthquake fault line was mentioned as a negative, but money did most of the talking, the kind of money that has encouraged the legislature to create a super fund to give away megabucks to corporate titans like Thyssen Krupp.
Please note that the steelmaker feels it met its obligation in getting the plant running and need pay none of that billion back.
OK then. Thanks for the memories.
This is Mary. The world needs more Marys :)
Oh, I forgot to share the worldometer for population sent by another family member: http://www.worldometers.info/world-populat……
Isn't it interesting that the tax cut for the poor won't kick in until January…