A Personal ArchiveThe Ishmael Record

Back to the Record
Corporate Welfare & Subsidies

'Aerotropolis': A Raw Deal for Missouri

By Audrey Spalding and Patrick Ishmael Filed July 11, 2011 Source Show-Me Institute

The Missouri General Assembly may reconvene in special session to take up tax credit legislation that includes $360 million in taxpayer-backed incentives to develop in Saint Louis a new international trade hub, more commonly known today as "Aerotropolis." Proponents claim that these indirect subsidies would bring increased air cargo to Lambert–St. Louis International Airport from international destinations, boosting economic development in the region.

As written, however, the plan violates sound public policy principles by sanctioning a government handout to local developers on terms that are indistinguishable from the cronyism often seen in legislation at the federal level.

Legislators should not take claims that the bill is for "economic development" or "jobs" at face value, because the economics that undergird the Aerotropolis plan fail to support such claims. The state's representatives and senators appear to take the need for regional growth seriously, as do we at the Show-Me Institute. This plan, however, is a raw deal for Missourians.

View the original at Show-Me Institute →

Source & Reproduction Notice

As confirmed against the Show-Me Institute's website on August 15, 2026, the Institute's stated policy permits reprinting of its published articles and commentary provided the original author receives credit. Letting the Institute know about a reprint is appreciated but is not a condition of use.

This entry was archived under that permission as it stood on the date above. If the Institute's policy changes after that date, it does not apply retroactively to entries already reproduced here under the terms in effect at the time — this is a record of the grant as confirmed, not a live status check.

The original remains hosted at the Institute's own site — use the link below for the canonical version, current formatting, and any images.