For example: in the state of KY, eastern KY and the Appalachian region drastically needs many kinds of businesses to serve the people but few corporations are willing to invest in the region due to low numbers of people and economic distress. If the government would assist in bringing in businesses, many problems might be eased and in time the region could be a profitable place for a business to locate..
Any coastal community a hurricane has devastated serves as an example of the need for government investment and assistance (subsidy) in businesses for recovery and survival.
@CockatooPeteRepublican8mos8MO
Absolutely, areas such as eastern KY and the Appalachian region, which are often overlooked due to less favorable economic conditions, could definitely benefit from such incentives. It's a win-win situation where businesses get a boost to establish and the local community gets job opportunities and economic upliftment. Similarly, for coastal communities hit by natural disasters, these incentives can stimulate recovery and resilience. But how do we ensure that these incentives lead to long-term commitment from businesses rather than short-term gain?
