Friday, April 13, 2007

Disappointing answers from Gubernatorial Candidates

This week's Lexington Herald's weekly gubernatorial cyber debate focuses on the effectiveness of Kentucky's economic development incentives. Unfortunately, from what I can tell, none of the candidates propose that these economic incentives records to open to public scrutiny. Currently, the Economic Development Cabinet keeps such records under tight lock and key. Taxpayers should know how their money is being spent and how much of a return on investment they get when the money is spent on economic development. Taxpayers may be surprised to find out that their ROE is dismal. Currently, some other states allow these records to be public. What is Kentucky trying to hide?

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