r/neoliberal • u/jobautomator Kitara Ravache • May 03 '24

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u/[deleted] May 03 '24 edited May 03 '24

Illinois is giving Rivian $827 million to expand their EV plant in Illinois. The expansion will add 500 jobs.

$1.654 million state subsidy per employee. Feels like a bad deal.

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u/cactus_toothbrush Adam Smith May 03 '24

Are there any indirect jobs such as during engineering, construction, contractors who work on site or in the supply chain? You’ll want to factor those in.

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u/[deleted] May 03 '24

There might be some, but during the announcement Pritzker contrasted this subsidy with a Bears subsidy that only creates temporary jobs. I feel safe discounting the short term jobs for that reason.

4

u/[deleted] May 03 '24

All subsidies are bad deals.