The General Assembly tonight has hammered out a compromise that is much worse than the original plan.
The Governor, the House and Senate have all agreed to a $60 million proposal but would not be "just for Goodyear". WRAL TV in Raleigh reported that other companies could qualify for this money if they "invest" more money into their local NC operations, as well as agree to pay a specific minimum wage to their workers. (Far above the legal minimum wage.)
Further, the new bill states there will be supposed penalties if Goodyear or other companies lay off any workers, as was not in the previous proposal. Still, to many on both sides of the political spectrum, it sounds like hogwash.
The new bill is being drafted tonight, as I write. No further details are available at the moment. Check back tomorrow for the latest. I'll blog it all when I return from watching the theatrics.
Frequent reader "Paladin" tells this blog that "if you step back and look at it, the whole situation does not look much like a free market economy" that our economic system is supposedly built on.
Dallas Woodhouse, State Director of Americans for Prosperity, told the media that "this bill is just wrong".
Throughout the day, State Senate leader, Tony Rand (D-Cumberland) was arm-twisting legislators of all stripes, offering them deals on their pet bills in return for their votes.
For Republicans, he offered their otherwise dead "pet" bills, up on a silver platter, in return for their support. This smells like the tactics of Richard Morgan and Jim Black of old.
Everyone knows what happened to them. Morgan lost in a tough primary battle to Joe Boylan (R-Moore) and Black (D-Mecklenburg) is now serving time in a federal prison.