“Wha’eva, I do what I want”: The DED goes off the reservation

posted by
January 9, 2011
Show-Me Institute
by Audrey Spalding  
Posted in Commentary

"I thought that the Missouri Department of Economic Development (DED) could sink no further. After all, the agency recently awarded tax credits to a man who pleaded guilty to passing bad checks, and has been scolded by the State Auditor’s Office for (perhaps accidentally) pulling numbers out of thin air that happen to overstate the economic benefits of a particular tax credit project. But the DED has outdone even itself. This week, the St. Louis Post-Dispatch reported that the agency had awarded $8 million to a redevelopment project that a court judge has ruled no longer exists." (01/07/11)



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