As usual, we are giving away the farm.
Just ask big-spending (and, by most measures, wealthy) Massachusetts:
"Kentucky is promising $110 million in aid and a 1,550-acre site, in Glendale, that it assembled in an unsuccessful effort to land a Hyundai plant several years ago."
""We're not in that financial league," said Ian Bowles, the Massachusetts secretary of energy and environmental affairs. But Mr. Bowles said Massachusetts has a chance of landing federal funding because it has several in-state battery makers such as Boston Power Co."
This passage came from The Wall Street Journal.