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Quote by Richard Schragger

“The stories of failure are commonplace. Reporting that, five years after locating there, IBM fired most of its employees in Dubuque and Columbia despite a combined $84 million in tax breaks, the author of a Bloomberg News story noted that this scenario has 'played out often across America: Big company comes to town, provides boost to the local economy and then leaves.' The Kelo case ended similarly: New London provided Pfizer with significant subsidies only to see the company depart a few years later.”

Quote by Richard Schragger

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Richard Schragger

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