What’s the Microsoft name worth to San Antonio?

The economic gurus who lured Microsoft’s data center here justified giving away over $20 million dollars in tax breaks and incentives on the basis of raising the city’s stature as a place to build data centers. (Because we’ll pay you to come here?) So even though Microsoft is only going to provide 75 jobs, maybe [...]

San Antonio Takes Care of its Own–not

Rackspace is going to move into Windsor Park Mall, no thanks to the city of San Antonio.
MySA.com: Business

Under the deal, Windcrest will pay San Antonio for 30 years on the 221 acres it gave up. San Antonio is guaranteed to receive at least $4.1 million, but it could receive as much as $34.5 million in [...]

What was the problem for this solution?

MySA.com: Politics
Gov. Rick Perry on Tuesday announced the creation of a competitive council designed to strengthen the state’s economic development clout.”Toyota came to Texas in spite of the state’s inability at that time to offer meaningful incentives,” Perry said during the closing keynote speech at the Texas Lyceum’s conference at the Convention Center.
Toyota, which opens [...]

Corporate Welfare

Gosh, after reading David Hendrick’s column on the Texas Enterprise fund, one would wonder how Texas has managed to attract any businesses at all to the state over the past 30 years.
MySA.com: Columnists:
The survey question could be rephrased. “Would you be in favor of hanging a gigantic sign on the state Capitol building reading:’Texas is [...]

Declined to Answer Yes or No

I guess San Antonio, the second largest city in Texas, doesn’t rate Rick Perry’s attention.
MySA.com: Business:
The San Antonio Express-News interviewed all the candidates except Perry, who declined a request. The Express-News also asked each to give yes or no answers to a series of questions on key business issues. Perry’s campaign provided brief statements on [...]