This mess just keeps on giving.
Bruce Marks and the shakedown artists at NACA have outdone themselves. Turns out that in order to get $3.5m. in taxpayer subsidies, Marks and NACA need only spend $1.2m. not the $4m. Gov. Beverly Perdue and a host of local yobs trumpeted back in June 2009.
To recap then, Rent-Seekers Guild VP Justin Hunt along with dull state and local officials think it is super-duper public policy to suck $3.5m. out of the private sector, spend more money monkeying around with it, then hand it over to bona fide enemies of capitalism who will only make us poorer.
No wonder we are stuck with double-digit unemployment.