All of the states are competing to see who will give the greatest incentives to companies that already exist. That’s bribery (and, possibly, a form of corruption, IMO). It’s not like Texas is *creating* any jobs, they’re just stealing them from other states, and have teams of lobbyists and politicians who are visiting other states with the sole intention of taking jobs from one state and moving them to the next. This is not productive, and it is not creating anything.
I can’t really fault Perry for this — as CEO of the Great Texas Republic, his responsibility is to his shareholders (i.e. constituents). If it brings them more jobs and more money, then he’s just fulfilling the job he was elected to do.
Just like a company that undercuts another company may not be creating anything new, but business is what it is.
