States, counties and cities are providing over $80B in incentives a year to companies to locate...

|By:, SA News Editor

States, counties and cities are providing over $80B in incentives a year to companies to locate to their areas, the NYT finds in an investigation of over 150,000 awards. However, municipalities don't know if they're getting their money's worth, because they don't often track how many jobs the firms bring. "It's really not creating new jobs," says Hallmark CEO Donald Hall.