Au Contrare, AA actually ADDING to work to Tulsa.

[Hoss]

quote:Originally posted by tshane250

quote: AA received approximately $22 million in Corporate Welfare, courtesy of Tulsa County taxpayers through 2003's Vision 2025.

While I am usually opposed to corporate welfare, if you boil down the numbers you stated then every man, woman, and child in the county paid roughly $38.60 to AA as part of Vision 2025 ($22 million/569,933 - the estimated population of the county in 2003 = $38.60).  I imagine the economic impact of even the lowest paid AA employee is far greater than forty bucks.  I certainly consider this to be a good and sound investment.    

Ah, don't pay attention to him FB; he's only making sense...[:O]

[Friendly Bear]

quote:Originally posted by tshane250

quote: AA received approximately $22 million in Corporate Welfare, courtesy of Tulsa County taxpayers through 2003's Vision 2025.

While I am usually opposed to corporate welfare, if you boil down the numbers you stated then every man, woman, and child in the county paid roughly $38.60 to AA as part of Vision 2025 ($22 million/569,933 - the estimated population of the county in 2003 = $38.60).  I imagine the economic impact of even the lowest paid AA employee is far greater than forty bucks.  I certainly consider this to be a good and sound investment.    

Interesting analysis.

However, it is the INCREMENTAL increase in employment that matters with a public investment.

Hasn't local AA employment actually FALLEN since 2003's Vision 2025 gift?

By the way, that $38.00 per person includes our children, too.

Taking our children's candy money away to give it to American Airlines?

Just what I LOVE about Corporate Welfare. It's about the Children:  Cavity Prevention Program.

Really.

American Airlines wasn't leaving Tulsa anyway.

We're their aircraft heavy maintenance center, and have been since 1946.  Too big of investment in physical infrastructure and personnel.  The mechanics are HERE..............

K.C. maintenance base came about from AA's acquisition of TWA.  Much smaller operation.

I sure miss old TWA.  Especially their Tea.

TWA_T.

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[tshane250]

FB, I am not disagreeing with you.  I do not like the idea of corporate welfare, but it seems in today's economy it is expected, which is a shame.  There should definitely be strings attached though, IMO.