If there’s ever been an economic con, it’s Foxconn in Wisconsin. The Financial Times describes two key aspects of Foxconn’s character, in a story, Foxconn shifts focus to ‘smart manufacturing.’
Wisconsin wasn’t the perfect spot for this, it was – at the moment – a politically useful spot. By Trump’s own account – one that Gov. Walker has not publicly contradicted – it is by Trump’s influence that this taxpayer-subsidized project wound up in Wisconsin. See The Man Behind the Foxconn Project (“Everybody wanted Foxconn,’ Trump said. “Frankly, they weren’t going to come to this country. I hate to say it, if I didn’t get elected, they wouldn’t be in this country. They would not have done this in this country. I think you know that very well.”)
This is a project that brings to America a foreign businessman’s habit of appeasing a one-party state’s connected officials.
That’s not the way up to a greater Whitewater – it’s the way down to a lesser America.
Previously: 10 Key Articles About Foxconn, Foxconn as Alchemy: Magic Multipliers, Foxconn Destroys Single-Family Homes, Foxconn Devours Tens of Millions from State’s Road Repair Budget, and The Man Behind the Foxconn Project, A Sham News Story on Foxconn, Another Pig at the Trough, and Even Foxconn’s Projections Show a Vulnerable (Replaceable) Workforce, and Foxconn in Wisconsin: Not So High Tech After All.