Sic Semper Saltines - part II, or how many crackers does it take to save Pittsburgh
Then of course there was the literal 'Cracker' plant which was the focus of so much public effort to keep open:
Maybe we should work on evicting Google Pittsburgh now located on that site and try to bring back Nabisco.. the ultimate cracker plant. Actual crackers. In bulk. It was saved more than once by public pressure and $$. You know the Nabisco plant once was reported to have 850 employees on site, though it was nowhere near that much near the end. The plant had this big positive eternality of making the entire East End smell fresh baked on a recurring basis.
Special mention. Not about a 'cracker' though it also comes down to that miraculous carbon atom in the end. As I have decried in the past, the current paradigm of states throwing money toward competitive and very selective industry targeting is clearly a race to the bottom. Where did it all begin, or put other way, where did this particular tax credit come from. From us of course and the big tax incentives Pennsylvania gave to Volkswagen to build a new auto manufacturing plant in Westmoreland County. Pennsylvania's scale of incentive reset the standards for how big a role state governments play in economic development. Then like now it was a big competition with Ohio and in the end Ohio was not willing to put $$ on the table like Pennsylvania was. Again, it sounds familiar. Then like now the real payoff was supposed to come from all the ancillary employment that would spring up because of the plant. Mega ditto.
What has been interesting this time around is that few have questioned the deal. Back in the day there were at least a few obscure folk not lining up behind the common wisdom.
Sunday morning proved George is still around and going strong. The plant in question is a long forgotten memory.
Imagine just for sake of argument that the governors of Ohio, West Virgnia and Pennsylvania had all agreed not to offer big incentives for the plant to be located in their respective states. All this 'liquids-rich' natural gas is going to be produced no matter is it not? By all accounts the proposed plant was going to be located in the greater-greater Pittsburgh (aka Power of 32?) region no matter. What would have been the result? Maybe the project would have been located where it made the most economic sense? We'll never quite know where that is I guess. However, the three governors would have been written into a small bit of American history most likely?