There was a story on job creation as a bargaining chip on PBS radio recently. They concentrated on the Ford labor negotiations, but the larger point was that companies have all the leverage in those discussions. Globalization has handed them the keys to a disconcerting amount of power over governments.
I think Intel was asking Israel for $600 million towards an estimated total cost of $2.7 billion for a second fab module at Kiryat Gat. That is about 22 percent which is about the normal amount of incentive.
But Israel offered $290 million of which only half was for Kiryat Gat and the rest was for a chip assembly plant in the north of the country.
Blog That A-Ha Moment Larry Desjardin 12 comments Have you ever had an a-ha moment? Sure, you have. The Merriam-Webster dictionary defines it as "a moment of sudden realization, inspiration, insight, recognition, or ...