Why on Earth Is Rick Perry Giving Apple Money?

Office of Gov. Rick Perry
Adam Clark Estes 2,301 Views Mar 9, 2012

While we're excited that Apple's decided to expand its operations in the United States, it's very difficult not to be cynical about the details. Governor Rick Perry announced on Friday that he's giving $21 million over the next decade from the Texas Enterprise Fund to Apple, and (presumably in exchange) Apple will build a $302 million campus near Austin that will create 3,600. On a positive note, Apple's creating American jobs after all. Hooray! We thought they were exaggerating their record of job creation. But does the world's most valuable company really need a $21 million grant? Perry justified his decision in a press release: "Investments like this further Texas' potential to become the nation's next high-tech hub." After all, lots of other states would probably love to be home to the next Apple campus. And evidently, it takes money to make money jobs.

Want to add to this story? Let us know in comments. You can share ideas for stories on the Open Wire.

Topics: , , ,
Related Articles   More by Adam Clark Estes

Is Ralph Nader Right About Apple's Texas Campus?

Apple Still Isn't Doing a Very Good Job Creating U.S. Jobs

In Rick Perry's World, ADD Is a 'Paddleable Offense'

 

Amazon Is Reportedly Building a 3D Smartphone You Can Control with Your Eyeballs

New Details About North Korea's American Prisoner Are Appropriately Crazy

Elsewhere on the Web

User Comments

Please type your comment and click Post. If you’re not already logged in you will be prompted to log in or register

  • The Atlantic Wire on Twitter
  • The Atlantic Wire RSS Feed
  • The Atlantic Wire iPhone App