This is laughable. It's like a heavy inebriate who develops cirrhosis of the liver and then turns around and blames his doctor!

What can the EDC do but putter around. The state's governor seems more interested in protecting the millionaires yacht clubs and tennis courts then helping to develop the state's industrial base. Oh he'll make sure the jobs we're losing were filled by legal residents though.

Unfortunately, Saul Kaplan, head of the EDC has no balls. If he did, he would have come to this meeting with the voting records of such clowns as Rep. Elizabeth Dennigan, and then asked her, point blank, how in the world he can attract companies with high-paying jobs when idiots like her are passing legislation like a & b & c that runs counter to everything he is trying to accomplish.
Kaplan is a beaureucrat more interested in keeping his job than telling it like it is. In some not so small way that
is another part of this problem.

I hope all of you are not suggesting Saul Kaplan actually left the luxurious EDC office space in the Westin Hotel with private elevator entrance and paid parking to give the GA’s Joint Committee on Economic Development the standard double talk answer he gives to everybody.

“But Kaplan played down the chairman’s concerns and those from the committee.”

“Finger pointing does none of us any good,” he said. “We have to be focused on what kind of economy we’re trying to create and get on with creating it with a laser-like focus. So we have to stay the course on our tax structure … we have to get our state budget in order and we at EDC need to aggressively implement our economic growth plan.”

I wonder if the $600 million in tax credits Kaplan handed out last year (which we the taxpayer have to pickup) has produced any jobs yet?

Ken,

Handing out tax credits is the only way the EDC can overcome the enormous obstacles to businesses moving to RI created by (1) our poor public education system and labor force quality; (b) our poor roads and bridges; (c) our extremely generous support system for people making (in the case of daycare providers) 3x the poverty level income; (d) our very pro-union labor laws; (e) the anti-business attitude of the Democratic Party that has controlled Smith Hill for 70 plus years: (f) our corrupt, "ya gotta know a guy" political system; (g) massive unfunded liabilities for public sector pensions and post retirement health care benefits; (h) overstaffed, inefficient local government, as epitomized by our highest in the nation -- by far -- cost for fire protection; and (i) the extremely high taxes a business and its employees would have to pay in order to enjoy all of the above.

Frankly, Kaplan should have looked the committee in the eye and asked if they were kidding in asking the question, or did they merely have no shame?

All I would add to John's excellent comment is that the originating authority for the $600m in tax credits handed out by the EDC was the General Assembly. [Remember Steve "Pensions" Alves blocking Duie Pyle's tax credit?]

As Marc Comtois and others have correctly pointed out, tax credits are a poor way to bring business to the state. The business climate of the state including the corporate tax structure needs to be made far more conducive across the board and not be comprised solely of isolated, targeted bright spots. If a company somewhere in the US is thinking of where to relocate, when they get to Rhode Island on their list, they should automatically think, "Nice beaches. Good business climate", not "Damn. Do we have time to go and schmooze the right people to get the abatements we need to move here? Will we have to procure someone's services to close the deal? Suppose they pull the rug out from under us, like they did to that Johnston company?"