Raleigh Chamber President and CEO Harvey Schmitt
was on Kevin Miller this morning (seven more hours on air). The
conversation turned to incentives and Schmitt compared tax handouts,
free land, and other government giveaways to the incentives offered on
cars. He said that a car buyer might walk away from a terrific car if
there were no incentives. But popular vehicles do not have incentives,
which usually kick in to move vehicles that people would not buy
otherwise — last year’s model, a big SUV, or a GM minivan.
Is it really a good thing for the head of the local Chamber of Commerce to compare the region and state to GM?
