North Carolina's Caldwell County ponied up $250 million in tax breaks to Google to entice it to build a data center there but didn't study whether the deal made good financial sense.
For a community that has watched jobs fall away with the demise of its once-proud furniture industry, the allure of a big name company coming in with high-tech replacement employment has to be nearly irresistible.
It may have been a little too intoxicating for officials in Caldwell County. Once an agreement with Google was secured to bring a computer center and a bunch of jobs to the area, the various numbers associated with this economic development became known.
That must have led to several people reading those accounts and spewing Cheerios across their computer monitors. The Charlotte Observer
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Oversight Unseen In Google Carolina Deal
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