I've written a piece for AlterNet that gives an overview of the issues at play with state and local subsidies, from the opportunity cost (less spending on infrastructure, education, and health) to the price tag to the major efficiency, equity, and environmental issues involved. Naturally, I discuss possible solutions, too.
Of course, the material will be familiar to regular readers, but it is a good one-stop look at the problem. You can find it here.
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