Michigan spent $1.8 billion and only created 602 jobs

Gov. Gretchen Whitmer promised "generational" investments in her state, but as she leaves office, there's little to show for it. - Joe Lancaster 

• One of the great economic myths that never seems to die is the idea that giving taxpayer money to a private company will yield a windfall, incentivizing the company to create jobs and generate wealth that otherwise would not exist.
• And yet time and time again, the benefits fall far short of what was promised, if they materialize at all. 

A new report suggests the state of Michigan is the latest to learn that lesson the hard way...