Does government have a different role because the investment capital is taxpayer money or is it good for a state or local government to invest in a community to grow the economy?

The subject is Colorado State Government. The chapter readings are in the additional files and any sources MUST come from those readings.
State and local governments have taken an increasingly more active role in managing their local economies and encouraging growth of businesses and economic ventures that benefit the state or locality in job creation or revenue increases. These governments argue that spending tax dollars to encourage private sector investment within their jurisdiction is a good investment – spend money to make money. Critics argue that such spending is an improper use of taxpayer dollars and worse the funds are often spent to encourage economic growth that would have occurred anyway or that governments are encouraged to outbid each other by having the private sector play off each other.Review the economic development literature and reading assignments and discuss your views of the proper roles of government in economic development. If a government were a business, it would use investment money to create financial returns. Does government have a different role because the investment capital is taxpayer money or is it good for a state or local government to invest in a community to grow the economy? If you were a taxpayer, would you have a similar view?Although we wil