Get out your pocketbooks, Oklahoma taxpayers! We have some new corporate welfare to fund!
Yesterday afternoon, Oklahoma Governor Kevin Stitt announced at a press conference that he needs a billion dollars in subsidies to pay tribute to an unnamed company – a.k.a. Panasonic – so they can build a super huge electric vehicle battery factory in Pryor, Oklahoma.
The governor claims the factory will have a "generational impact" on Oklahoma and will lead to 70,000 new jobs, which is great news for all the Oklahoma business owners I talk to who are already struggling to find quality and qualified employment.