Daily Archives: Mar 16, 2019 at 06:52 am EDT

Book Bits | 16 March 2019

The Billionaire Boondoggle: How Our Politicians Let Corporations and Bigwigs Steal Our Money and Jobs
By Pat Garofalo
Summary via publisher (Thomas Dunne Books)
The first comprehensive look at how politicians let the entertainment industry bilk taxpayers, hijack public policy and hurt economic investment, starting and ending with Trump. From stadiums and movie productions to casinos and mega-malls to convention centers and hotels, cities and states have paid out billions of dollars in tax breaks, subsidies, and grants to the world’s corporate titans. They hope to boost their economies, create new and better jobs, and lure well-known events such as the Super Bowl–not to mention give their officials the chance to meet celebrities. That Big Entertainment drives bigger economies is a myth, however. Overwhelming evidence shows catering public policy to its promises results in a raw deal for the taxpaying public.
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