I missed it in this New York Times piece a few weeks back on the big ugly mall off the New Jersey Turnpike, and the $400 million in subsidies Gov. Chris Christie is extending to the new developer. I like most of what Christie is doing as governor, but this sort of corporate welfare is particularly damaging when a governor is trying to slash spending elsewhere.
Zaid Jilani at the liberal Center for American Progress calls out Christie for what he sees as hypocrisy:
Yet even if Christie does think the boondoggle project — which has been in endlessly in construction since 2003 — will actually pay off in the end, one has to wonder why he feels like the mall is a valuable investment for the state’s taxpayers, but no schools, hard-working middle class public employees, or women’s health.
See? Once politicians start justifying their corporate welfare as "investment," they start losing any basis on which to oppose the whole array of liberal social spending.