A new study ranks Arkansas high — among the top 13 states — on how well it establishes criteria and evaluates those criteria for economic development incentives, AKA corporate welfare payments to attract business.
This is somewhat reminiscent of the studies that rank Arkansas high, 5th, on education procedures.
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If our education procedures are so good why aren’t our children learning more? If our incentive policy is so well drawn, why are we so poor?
Here’s the full Pew study. It seems to cite Arkansas’s measure of the impact of incentives as the strongest element of its high rating of the state, along with regular review of the incentives. State officials are proud of the rating, naturally.
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