John Kasich came into office promising to create jobs. For the first two years, he attempted to fulfill this promise with big handouts to big companies who were making big promises.
One of his first and biggest deals was with Diebold. In early 2011, Kasich promised the company $100 Million in state and other incentives and all they had to do was promise to build a new headquarters in Ohio and not to layoff more than 20% of their workforce.
Kasich was so proud of the deal he mentioned it proudly in his first State of the State speech, calling the deal “a great save”.
By the end of 2012, Diebold had already failed on both those promises, laying off hundreds of workers and announcing they wouldn’t be building a new HQ after all.
Today Diebold announced they will be laying off another 700 employees.
As John Kasich travels the state claiming that JobsOhio has created 120K jobs, it’s important to remember that those numbers are based on job commitments like the ones given by Diebold. Job commitments that have failed to materialize despite massive promises of cash from the state.