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STATE WATCHDOGS: Iowa sees few new jobs in return for state loans

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DES MOINES -- Forty four companies owe Iowa nearly $8 million for loans they received in exchange for a promised 1,388 new jobs that never materialized. The companies actually produced only 21 jobs, according to an Iowa Watchdog.org analysis. ‘ Most of the money that we allocate in the name of economic development in Iowa is wasted. It's become a corporate entitlement. - Dave...