'A Major Distraction': Is A Mega-Deal Like Amazon's HQ2 Always Worth It?
Amazon's unmatched promise of 50,000 well-paying jobs has red carpets rolling out across the U.S. — but also some soul-searching: How much should communities subsidize wealthy American corporations?
by Alina Selyukh
Oct 18, 2017
4 minutes
On a wall in Greg LeRoy's office is a frame with a custom-engraved wrench and a photo of workers in front of the Diamond Tool and Horseshoe factory in Duluth, Minn. It's from his days helping unions fight plant closings — when he first started digging into the convoluted financial relationship of corporations and local governments.
These days, LeRoy is the guy to call if you want to know about corporate subsidies. Lately, his phone has been ringing about one company in particular: Amazon.
Thursday marks the deadline for bids in Amazon's highly publicized search for the location of its , dubbed HQ2. Cities are clamoring to land the conglomerate's project and its unparalleled promise
You’re reading a preview, subscribe to read more.
Start your free 30 days