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(Community Matters 63) Group: Big Subsidies Don’t Really Matter to Big Business

December 23, 2023 by Richard Piet

In this episode of Community Matters, The Center for Economic Accountability President John Mozena elaborates on bestowing Ford’s BlueOval Battery Park Michigan as 2023’s “Worst Economic Development Deal of the Year”. Mozena discusses the basis for the distinction – comparing it to other similar projects –  as well as his overall belief that big subsidies are not the …

Listen Now(Community Matters 63) Group: Big Subsidies Don’t Really Matter to Big Business
Photo: Michigan Lt. Gov. Garlin Gilchrist, Ford President and CEO Jim Farley, Michigan Gov. Gretchen Whitmer, UAW President Ray Curry, Ford Chair Bill Ford and Marshall, Mich. Mayor Jim Schwartz at Ford Ion Park in Romulus, Mich., on Monday, Feb. 13, 2023, when Ford Motor Company announced plans for a lithium iron phosphate (LFP) battery plant in Marshall, Mich. Courtesy Ford Motor Company

(Community Matters 62) Economist: Multiplier, Other Variables will Determine ROI on BlueOval Subsidies

December 16, 2023 by Richard Piet

The $1.7 billion in state and local incentives Ford Motor Company was initially promised for the Marshall, Michigan BlueOval EV battery production facility has left many folks uncertain, at least, about the subsidies. Some say it’s the cost of being competitive and keeping high-paying manufacturing jobs in Michigan. Others worry about how the subsidies will …

Listen Now(Community Matters 62) Economist: Multiplier, Other Variables will Determine ROI on BlueOval Subsidies

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