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How many vibrant jobs and companies could there be if the cities used all that money to boost local smaller businesses? By the numbers, small businesses domina
by count 8y ago
How many vibrant jobs and companies could there be if the cities used all that money to boost local smaller businesses? By the numbers, small businesses dominate larger businesses in job creation, etc.
People seem to forget that 'revenue' and 'profit' from these gigantic ass companies don't come back to the 'hometown': they're owned globally, and it gets spread around.
- vkou 8y ago> By the numbers, small businesses dominate larger businesses in job creation, Of course, they do! Small businesses are less efficient, and have to employ more people to get the same amount of work done. But optimizing for this is anathema in an ideological climate where the lowest price for the customer is the most important thing, all consequences be damned. Also, many towns hope to, in theory, attract more employment through satellite industries, that spring up around the big company. These satellites won't be getting any tax breaks.