Re: [CPEO-BIF] Subsidies

["Peter B. Meyer" <pbmeyer@louisville.edu>]

No, if Peter may respond to Barry, the whole point is NOT to promulgate 
one-size-fits-all standards. The claw-back provisions in the economic 
development programs I remember from the 1970s, starting with some in 
Pennsylvania, did not involve the state government in setting specific 
standards, other than minima to qualify for state support, but the 
developers or new businesses declarign what they thought they could 
acheive as they applied for higher levels of public support. All the 
clawbacks did was hold them to commitment they VOLUNTARILY made in 
return for public dollars.

Who is being punished in such a regime, Barry?  Perhaps it was companies 
whose markets disappeared and who could ot generate the needed number of 
jobs, but all that I have proposed is a level of mitigation as a 
condition to which clawbacks might apply -- that is much more under the 
control of the developers!

Peter

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