Balloondoggle

This article by Timothy Sandefur tells the crazy story of a tax subsidy gone wrong. Pima County Arizona spent $15 million in tax dollars on balloon rides to the stratosphere. The first balloon exploded on launch. The company ended up turning the balloon material into super-expensive medical suits.

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This entry was posted on Monday, June 22nd, 2020 at 8:33 pm and is filed under Politics. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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