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Jeff at Tusk and Talon has some thoughts on the opportunity costs of the Iowa Values Fund:
The greatness of the program simply can't be measured by saying, "We spent $99 million and got 20,000 jobs out of it. You have to look at what we would have gotten had we spent that $99 million on something else. Or better yet, had the government never taxed that $99 million away from Iowa residents and businesses.
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