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    The Week in Public Finance: Mega-Subsidies Math, a Comeback for Bond Insurance and More

    BY  SEPTEMBER 2, 2016

    Megadeals Don’t Add Up

    When it comes to economic development, spending more often results in a smaller return.

    Looking at more than 170 economic development "megadeals" made in recent decades, a new report finds that states and localities spend more than $658,000 per job on average. By contrast, “most workforce development programs cost only a few thousand dollars per job, and studies find they pay off well,” said Thursday's report by Good Jobs First, which tracks government subsidies.

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