Movie Studio Madness

The Rio Grande Foundation has long been concerned about government-directed economic growth. A prime reason for our concern is that politicians are not experts in the field and, since they are not using their own money but taxpayer dollars, they don’t have the same incentives as entrepreneurs do.
Diane Velasco of The Citizen has done an excellent five-part series on the movie studios that are planning to relocate to Mesa del Sol and how in some instances the studios have misrepresented themselves in order to hitch a ride on the taxpayer-funded gravy train.
We’re all for economic development, but this activity is much better left to those with a direct financial stake in the matter, not politicians using our money.

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