Mya Frazier🌱 Profile picture
Jan 27 10 tweets 2 min read
1/ A few thoughts on the Intel deal in Ohio:

The big question everyone is asking and should be asking is this: How much did Ohio offer up in tax incentives and other money to land such a big project? The short answer is we don't know. And that's by design.
2/ As citizens and journalists in Ohio, we don't get to know until the deals are finished. Or maybe not even then. That's because public officials have worked for years to shield such deals from scrutiny by the press and public.
3/ When former Governor John Kasich was elected in 2010, he privatized the state's economic development agency, creating JobsOhio. It was the first bill Kasich signed into law.
4/ JobsOhio became a quasi-public agency entirely shielded from public scrutiny. Kasich arranged for the state to sell to the agency its liquor monopoly, which dated to the end of Prohibition.
5/ The revenues from the state's liquor monopoly had been contributing $250 million annually to state coffers. Instead, these dollars would fund JobsOhio and the six-figure salaries of its executives. And they would no longer technically be "public dollars."
6/ Or so the argument went: If the agency were directly funded with public money, it would be subject to public records laws. And that's why you don't know how much Ohio gave up to land Intel yet.
7/ Maybe the Intel deal is a good one. But the public doesn't have the necessary information required to make that assessment. The public deserves to know.
8/ There was a time when public officials had to be open about what they were offering to companies to lure them. As the Ohio/Intel deal illustrates, these deals are finished and signed long before the public knows enough. That's by design and it's undemocratic.
9/ I wrote about this for @cjr

cjr.org/business_of_ne…
10/ I also wrote about Amazon's deals with Ohio via JobsOhio for @BW

bloomberg.com/news/articles/…

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Mya Frazier🌱

Mya Frazier🌱 Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @myafrazier

May 7, 2019
As I reported in @cjr last year, big tech firms, including Facebook, force local officials to sign NDAs, use code names for projects, and stifle FOIA requests by journalists. This undermines local democracy. cjr.org/business_of_ne…
It just happened again In Altoona, Iowa. Facebook required officials to sign an NDA and use a code name, Project Sequelant, about its fifth data center project in the area.
desmoinesregister.com/story/news/loc…
Nothing was made public until a city council meeting yesterday. On the same day, a 20-year tax abatement worth millions was approved. That meant no time for public debate. No time for local journalists to inform the public about the pros and cons of the deal.
Read 6 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(