The deal where states are forced to compete with one another for business is bad for the people of this country, who work too hard to be shuffled around like helpless pawns. Some states tax their citizens to provide all manner of freebies, such as access roads, exemption from both property and business taxes and even factories to lure them away. It is hardly fair to tax me and others in Miami so that some cheapskate company can relocate tax-free to Tallifagootchee. It is also not fair to the employees that are thrown out of work in whatever state said cheapskate company is located in.
After the move, the local residents must pay for the new schools, roads, bridges and other facilities that the presence of the factory necessitates, along with the bother of traffic congestion, pollution and contributions to politicians that suck up to the newly relocated company.
It is not that the cheapskate company was losing money, either, they just wanted to make MORE, most if which would go to the various big cheeses of the company. The average worker does not benefit from this sort of swindle.