On almost any major economic development project the state considers, a cost-benefit analysis is customarily done to determine whether the proposal will create jobs and makes good economic sense. Mississippi, under Gov. Barbour, determined it made sense to spend up to $413 million for 2,000 direct jobs to bring the Toyota plant to Blue Springs. Toyota then invested $800 million in Mississippi.
In 2002, we determined it made sense to spend $363 million for 5,300 direct jobs when we brought Nissan to Canton. Nissan then invested $1.9 billion in Mississippi. I do not believe there were any votes against the Toyota or Nissan projects in the Legislature.
In other words, every member of the legislature, Democrat and Republican, was willing to spend more han $750 million for 7,300 direct jobs.
Regardless of our political beliefs with the Patient Protection and Affordable Care Act (ACA), the state should do two things before a decision is made to support or to fight the proposal: