I feel like this argument is leaning too hard on a single example of a poorly-structured subsidy program. I don't think we should demonize all such efforts base

I feel like this argument is leaning too hard on a single example of a poorly-structured subsidy program. I don't think we should demonize all such efforts based on the Foxconn example. The Amazon HQ2 subsidies in NY are mostly from existing programs that have been operated for a long time, and those programs are structured so that the subsidy is available only when some requirement is already met (like a new job). For example, most of the NY state subsidy is from the Excelsior program, which is issued in the from of a tax credit for jobs that were created (in the past) and other types of investment. See https://esd.ny.gov/sites/default/files/Excelsior-Regs-2818.pdf https://esd.ny.gov/sites/default/files/Excelsior-Regs-2818.p... (PDF) for the details of the program: > "Net new jobs" means jobs created in this state that: ([1]i) are new to the state,(ii) have not been transferred from employment with another business located in this state including from a related person in this state or through an acquisition, merger, consolidation, or other reorganization of businesses or the acquisition of assets of another business,(iii) are either full-time wage-paying jobs or equivalent to a full-time wage-paying job requiring at least thirty-five hours per week,and (iv) are filled for more than six months.[and in excess of both the applicant’s employment as of the date the applicant is admitted into the Excelsior Jobs Program and the applicant’s employment base calculated as the average of the applicant’s employment in New York State for each of the four quarters immediately prior to the date it was issued a certificate of eligibility, or, if the applicant was not in business in New York State during all four quarters, the employment base shall be calculated as the average of the applicant’s employment in New York State for each of those quarters immediately prior to the date it was issued a certificate of eligibility in which the applicant was in business in New York State;]