The case against courting companies

Texas Governor Rick Perry (pictured above) is looking to attract companies away from California with promises of low taxes and fewer regulations.

South Dakota's governor is trying to lure businesses from Minnesota. Texas Governor Rick Perry is trying to charm businesses from California. And this week, New York Governor Andrew Cuomo is looking at new tax incentives to attract companies to his state.

The question is, who doesn't want their government to bring in new business? Marketplace Senior Economics Correspondent Chris Farrell joins Morning Report host David Brancaccio to discuss.

About the author

Chris Farrell is the economics editor of Marketplace Money.

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