While the governor said in January 2008 that the biomedical initiative could generate 250,000 jobs over 10 years, the economic slowdown has made it unlikely the real gain will come close to that figure. The Massachusetts Life Sciences Center estimates the total number of jobs created so far is 8,750 - half of them temporary construction jobs.

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A good question to ask is what would have happened to the Mass. biotech industry over the past 4 years if the state had offered no incentives at all. The answer is the state would have been perceived as not supporting its key growth industry and states with aggressive incentives would have been successful nipping at Massachusetts' lead. North Carolina and Texas, both with good hospital, research, and university infrastructure, would have successfully preyed on Massachusetts' upstarts. In the end, Massachusetts (with even better supporting infrastructure) would still be in the lead but it would have been severely eroded and the life sciences future in the state would be more questionable.
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The University, from Caret on down, is run by hacks and is feeding quality jobs to unqualified children of Union Hacks....Jim Julian, Whi...I mean Billy Bulgers former Chief of Staff, is now the COO...gets over $300,000 a year..his job title gives him control of the whole system and does nothing, aside from getting well connected friends and their kids jobs. Go Search him on the Internet, you won't find him anywhere. It's like he doesn't want his name on anything. Will SOMEBODY please invesigate these SOBs? They are lining their pockets with our kids money (mostly loans). How does he make that money AND still keep his law office in Dennis open? (He's a no-show employee, that's how.) The UMass Board of Trustees should be ashamed of themselves.
Ha, nice spin by the Patrick administration. An estimated $250,000 jobs turns into maybe 8,000, half of which are temporary construction positions. By that measure, Curt Shilling's 38 Studios was more successful. Where's the outrage?
Reagan's Stimulas tripled the debt..where was your outrage? Hmmm?