Faraday Future picks Nevada over California to build a $1B plant

Re:Faraday Future picks Nevada over California to build a $1... by rconti on Friday December 11, 2015 @07:16PM (#10721087)

Just focus on the first half of the statement. Governments spend other peoples' money. There's less of a direct connection between value for money received. The interest group that benefits may have a much larger interest in the deal going through than the masses who actually pay the taxes -- like any other kind of lobbying.

Plus the usual; politicians might be reaping short-term benefits but making long-term payments that happen long after they leave office.

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Re:Faraday Future picks Nevada over California to build a $1... by refurb on Friday December 11, 2015 @07:26PM (#10721126)

Not sure that I agree that gov'ts spend other people's money. Once I pay taxes, it's no longer my money. I don't see it as that different from car insurance for example, I pay now for a future benefit.

That said, the connection between the money and the value may not be as clear. It's more holistic than anything else you might spend money on.

In terms of lobbyists or politicians playing funny with these deals, that's more a problem with the gov't than these deals.

I guess my point is that the "race to the bottom" has already born out benefits. This list of "most efficient gov'ts" has Qatar, Singapore and Finland on the list, so it's not like it's already happening.

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