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This guy obviously doesn't understand economics. Without the incentive, the investment dollars would have gone elsewhere. Utah still comes out ahead on this.
If he wants to complain about subsidies, he should complain about RDAs for retailers.
If Utah is going to be offering incentives, it should be for export-oriented industries that have the option to locate elsewhere, not retailers who have to come here if they want to sell us stuff.
Stauffer has it exactly backwards. Since the production is going to California and since the total investment is far more than the tax incentive, Utah is IMPORTING money, not exporting money.
Does that mean that when California ships produce to Utah that they are shipping water by vegetable?
Generating electricty from wind and sending to CA or any state that will pay the price for it makes more sense than burning coal which depletes the water and fouls the air. Clean energy sources will stand the test of time, create jobs, and finally make sense to those who who take their hands out of the fossil fuel cookie jar.
Brigham Young didn't go far enough.
California is THE place.
On behalf of all my fellow Californians, we thank you for giving us tax benefits to get cheap electricity. After all, we are the biggest economy in the West, and we have a real need for the electrical power, to help make America a better place.
By this logic, a businessman exports money when he spends money on machines to produce goods. What about the money that comes back in?!? That's the whole point of the transactions and its being ignored here. As long as Utah receives more than it spends, Utah and California win! That said, wind power has a ways to go before its as good an investment as other power sources; compounding the problem is the amazing efficiency of public projects (can you sense the sarcasm?).
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