OUR VIEW
Vote yes for better incentives June 5
It's often the unglamorous work that goes the farthest to seal the big headliner deals like ThyssenKrupp.

And so it will be on June 5, when an unglamorous election is held to make an unglamorous, but necessary change in Alabama's economic development efforts.

An amendment will be on the ballot (see on page 3) that would raise the financing cap of a state bonding authority from the present $350 million to $750 million.

The bond is Alabama's economic development fund, and is used to pay for many things that are used to lure business to our state.

While there are often legitimate concerns to the amount of economic incentives offered to lure business and industry here, that is how the game is played these days and Alabama needs to be able to at least match the incentives offered by other states if it is to continue winning projects.

We respect the individual's right to decide how to vote for him or her self, which is why we will rarely recommend a particular vote in this space. But we believe this amendment to increase the bonding debt limit will pay for itself in future economic development projects and deserves a yes vote.

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