Boeing's deal with South Carolina is mostly secret
Posted
at
11:37 am
by Jerry Cornfield I want to direct your attention to this post by my colleague Michelle Dunlop on how details of South Carolina's offer sheet to Boeing may not be made public for awhile.
Michelle links to a story in The Post and Courier with interesting comments from Ashley Landess, president of the South Carolina Policy Council, which is described as a political think tank.
"There is something fundamentally wrong in a system in which politicians shut the door when making decisions about (taxpayer money) and refuse to tell them what they are," Landess is quoted as saying.
Landess said without information on the deal it is not possible to validate the state's estimates that Boeing's new 787 aircraft assembly line will create a $10 billion impact on the economy in the next 15 years.
"The lack of transparency leads to a lack of analysis, which leads to a lack of having to prove the arguments they make," she said, referring to state officials who put the incentive package together..