Wednesday, July 16, 2008

The Cost of V-Dub

It's great that VW will be locating its first North American plant in decades right here in Tennessee, but many are asking how much the taxpayers are coughing up for the deal. Of course, state and local officials are mum. It will be great both for the city of Chattanooga and the state of Tennessee; at least 2000 jobs are expected to be created. I just wonder what the long-term benefits are. Do the financial benefits outweigh the financial costs? As a Tennessee taxpayer, I sure hope so. One problem, though, is the location of Chattanooga. The city is a stone's throw from Georgia and Alabama. Where will the workers be living and spending their money? Where will the auto suppliers locate? I wish this would happen within Tennessee, but it might not since Nooga is such a border town. I hope state officials considered this.

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