Updated Mar. 29, 2013 at 10:45 a.m.

Premium Lock Louisiana paying $74M to land 800 IBM jobs - Price too high?

Published: 2013-03-28 12:33:00
Updated: 2013-03-29 10:45:34

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Jobs wanted Jobs wanted

For those who believe North Carolina paid too much in tax incentives to land 2,600 jobs from MetLife, you might want to review what Louisiana had to ante up to land a promise of 800 jobs from IBM: $74 million....

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At $92,500/job I do think it's a bit excessive but it's their money to do as they please I just think it could be better spent.
Hey, doesn't the so-called "free market" apply to the state and its deal-making? To the highest bidder go the spoils!
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