But by the time that the News Journal gets involved, you have to know that the story is finally old hat.
Instead of pointing the finger at Alan Levine and Jack Markell (neither of whom is running for re-election in 2014), how about we do the responsible thing and stop this team of capitalist geniuses before they help us again.
Oops. Too late. AstraZeneca.
OK, maybe we can still expect our legislature to stop them before they do it again.
But probably not.
Here's what Governor "Trust me I'm a knowledgeable Wall Street capitalist" Markell and Alan "I made mine, so now it's time to play with your tax dollars" Levine plan for our 2014 State budget.
Remember that revenues are down, hard choices must be made, and we can't afford Minner Reading teachers, School Resource Officers, or to conduct a statewide safety assessment of our schools and public buildings to make them better protected against people who might want to kill children.
But for this, we've got $29,000,000 just sitting around:
First, notice that the list of "recent projects supported" has been purged of those pesky losers like Fisker and AstraZeneca, where spending millions (including uncollected school taxes) didn't turn out to preserve or create jobs.
Second, let's take a look at our current crop of Delaware welfare queens:
JP Morgan Chase has an annual revenue of $109 billion. Uh, folks, the State of Delaware has a total income of $3.6 billion, and we're giving them money?
Citigroup has an annual revenue of $97 billion, and we're giving them money while we make schools compete for "safety grants"?
Amazon has an annual revenue of $60 billion, and we're giving them money while we cut reading and math specialists in our schools?
Capital One has an annual revenue of $23 billion, and we can barely afford medical care for prison inmates, but we're giving them money?
Kraft Foods has an annual revenue of $18 billion, and we're giving them money while we cannot afford School Resource Officers?
Ashland has an annual revenue of $8 billion, and we're giving them money while tens of thousands of people in Delaware have no healthcare?
Atlantis Industries has an annual revenue of $3.6 billion, which is the same as the State of Delaware, and we're giving them money while we can't afford environmental clean-ups?
And we're bragging about it?
Yes, of course we need jobs in this State.
But two observations here:
1. If you really wanted to give away money to help potential employers, just think how many small businesses in Delaware could be supported to hire new workers and expand their enterprises with the $29 million that is literally a rounding error to these mega-corporations?
2. The reality is that our pitiful few million dollars of grant money do not even constitute effective bribes for companies like JP Morgan Chase or Citigroup. They take the money out of our coffers to remind us that they can. They actually base their employment decisions and their location decisions on things like our infrastructure, our public education system, our crime rates, etc. etc. They cash our tiny (in their terms) little checks and use the money to pay for the appetizers they serve in the boardrooms on "Chump Appreciation Day."
I don't blame Governor Markell or Mr. Levine half as much as I blame our General Assembly.
Anybody can offer you an indecent proposition: it's your choice to lay down and spread your legs.