Laura Ingraham: "The America we know and love doesn't exist anymore. Massive demographic changes have been foisted on the American people, and they are changes that none of us ever voted for, and most of us don't like … this is related to both illegal and legal immigration" pic.twitter.com/s5G2qIY4W0 — Andrew Lawrence (@ndrew_lawrence) August 9,…
Bad Ideas
Bad Ideas, CDA, City, Economics, Economy, Politics, Taxes/Taxation, That Which Paved the Way, Trump
The Trump Tax Bill: That’s Not Reform
by JOHN ADAMS • • Comments
Whitewater’s Community Development Authority represents a specific part of the Trump tax bill as beneficial to this city. (See press release 1, press release 2.) For today, looking at the bill generally, it’s bad for America: it’s a sham reform instead of a beneficial restructuring, and it makes this country’s outlook worse. Benjamin H. Harris and Adam…
Bad Ideas, CDA, City, Economics, Economy, Local Government, Politics, Taxes/Taxation, That Which Paved the Way, Trump
More About that Trump Tax Bill
by JOHN ADAMS • • Comments
In the spring, Whitewater saw two Community Development Authority press releases touting a specific part of the Trump tax bill. (See press release 1, press release 2.) In response, this website replied (1) with a link to a Congressional Budget Office study implying that, overall, the Trump bill will boost incomes for foreign investors but not…
Bad Ideas, CDA, City, Economy, Employment, Foxconn, Gov. Walker, Government Spending, State Capitalism, State Government, WEDC
The Next Guest Speaker
by JOHN ADAMS • • Comments
Last winter, the Greater Whitewater Committee, a local 501(c)(6) business league, invited Matt Moroney (a longtime Walker operative) to speak to residents on Foxconn’s many supposed benefits. The Daily Union‘s longtime stenographer correspondent dutifully and uncritically reported on Moroney’s remarks. See A Sham News Story on Foxconn. Over the years, key leaders of this business league have served…
Bad Ideas, City, Economy, Employment, Foxconn, Gov. Walker, Government Spending, State Capitalism, State Government, Trump, Uncategorized, WEDC
Foxconn’s (Overwhelmingly) Low-Paying Jobs
by JOHN ADAMS • • Comments
Residents of Whitewater (or at least the ones attracted to corporate welfare) had a chance this winter to hear a state operative extol the benefits of billions in public money for Foxconn. The local 501(c)(6) business league, the Greater Whitewater Committee, brought in a guest speaker to tout the project. See A Sham News Story on…
America, Babbittry, Bad Ideas, Mendacity, Politics, Trump, Trump-Russia
No Sudden Accident
by JOHN ADAMS • • Comments
One reads that Trump has a new theory about Russian involvement in the November 2018 elections – he’s contending that the Russians plan to help the Democrats: I’m very concerned that Russia will be fighting very hard to have an impact on the upcoming Election. Based on the fact that no President has been tougher…
Bad Ideas, CDA, Corporate Welfare, Economics, Economy, Free Markets, Local Government, State Capitalism, Trump, WEDC
The Mercantilist
by JOHN ADAMS • • Comments
Veronique de Rugy contends that one should take Trump at his word on trade. It’s doubtful that anyone should take Trump’s word for anything, but that’s too literal a reading of her claim. She’s right that, in effect, Trump truly opposes free trade no matter what he says: As we embark on a trade war, let’s…
Bad Ideas, City, Economy, Employment, Foxconn, Gov. Walker, Government Spending, State Capitalism, State Government, Trump
Foxconn’s Bait & Switch
by JOHN ADAMS • • 4 Comments
It’s a groundbreaking ceremony for (a much smaller) Foxconn today. This very morning one reads confirmation – yet again – that taxpayers’ billions for Foxconn are paying for a project that’s now a giant bait & switch. Rick Romell reports Foxconn scales back plans for its first factory in Mount Pleasant: The Foxconn Technology Group manufacturing…
Bad Ideas, City, Economy, Employment, Foxconn, Gov. Walker, Government Spending, State Capitalism, State Government, Technology, Trump
Foxconn’s Shabby Workplace Conditions
by JOHN ADAMS • • 1 Comment
One reads that God, hearing the grumblings of the ancient Israelite community, once fed that people: 11 The LORD said to Moses: 12 I have heard the grumbling of the Israelites. Tell them: In the evening twilight you will eat meat, and in the morning you will have your fill of bread, and then you will know that I,…
Bad Ideas, Economy, Employment, Foxconn, Government Spending, State Capitalism, Technology, Trump
Foxconn’s Ambition is Automation, While Appeasing the Politically Ambitious
by JOHN ADAMS • • Comments
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.’ Automation, Not Jobs. The new reporting tells us that Foxconn’s working for “automating other manufacturers’ processes.” Of course they are: they’ve a whole business producing robots…
Bad Ideas, Law, Trump
Trump Empties Arkham Asylum
by JOHN ADAMS • • 2 Comments
Philip Rucker, Josh Dawsey, and John Wagner report Trump pardons conservative pundit Dinesh D’Souza, suggests others also could receive clemency: President Trump granted a full pardon Thursday to conservative commentator Dinesh D’Souza and said he was strongly considering clemency for other celebrity felons, signaling his willingness to exercise his unilateral power to reward friends and…
Bad Ideas, Economy, Employment, Foxconn, Government Spending, Technology
Foxconn in Wisconsin: Not So High Tech After All
by JOHN ADAMS • • 2 Comments
Lauly Li, Cheng Ting-Fang, and Gen Nakamura report Foxconn opts to make smaller displays at Wisconsin plant: OSAKA/TAIPEI — Hon Hai Precision Industry, better known as Foxconn Technology Group, is considering producing small to midsized displays for Apple, automakers and others at its $10 billion factory planned for the U.S. state of Wisconsin, people familiar with the…
Bad Ideas, CDA, Corporate Welfare, Culture, Demographics, Development, Economy, Government Spending, Laws/Regulations, Local Government, Marketing, Poverty, State Capitalism, That Which Paved the Way, WEDC
Coerced Beauty Isn’t Beautiful
by JOHN ADAMS • • Comments
For a thousand years, some men in China insisted that a woman wasn’t beautiful, desirable, and worthy unless her feet had been bound into an unnatural and distorted form.
Rather than allow women to develop normally, these men insisted that their own imposed desires were superior to the natural feminine form. The price of this imposition was a woman crippled and dependent for life.
If it should be true – and it is – that big-ticket projects in Whitewater have failed the fundamental test of community development (improvement of widespread personal and household economic well-being), then what shall one say of a generation’s efforts in that regard?
If it should be true – and it is – that unfettered demand heavily favors rental housing over single-family units in Whitewater, then what shall one say of a generation’s obsession with promoting a less favored arrangement over a more popular one?
It’s fair to say that some in Whitewater have supported these efforts in the belief that such programs might somehow make life better here. Such support, running contrary to the free, voluntary consumer demand in the whole area, might have been well-meaning, but was no less misguided.
For others, however, there must have been – and must be – some awareness, either partial or complete, that their efforts could – and can – neither meaningfully improve individual well-being nor change appreciably the overall housing stock of the city.
Empty programs attract notice that diverts attention from actual needs, and send resources in the wrong direction.
Community development in Whitewater, as it has been publicly advanced for the last few decades, looks nothing like the development of personal and household economic well-being. Time and again, public resources have been directed at the bidding of a private business lobby. Indeed, Whitewater’s Community Development Authority looks as much like a private 501(c)(6) business league as anything else.
Perhaps some in this city can’t imagine otherwise, in the way that years ago some men in China couldn’t imagine beauty unbound.
When the Whitewater CDA’s executive director rattles off an alphabet soup of public agencies to meddle in the marketplace, he’s parroting the sham capitalism so popular among fast-talking officials statewide. State & crony capitalism have the same relationship to free-market capitalism as pig Latin has to genuine Latin: they share some of the same letters, but mean very different things.
For a fraction of the public funds wasted on sketchy tech ideas and out-of-town businesses wandering nomadically for a handout, our city might have developed directed programs for the poor, and for in-town enterprises.
If it’s ‘community-minded’ to spread economic myths and reinforce empty boosterism, then to be community-minded has an unworthy meaning.
There is, of course, community happily to be found now in Whitewater, but it rests in private undertakings, apart from those who have directed public institutions to narrow and futile ends.
Previously: Two Truths of Whitewater’s Economy.
Bad Ideas, CDA, Corporate Welfare, Demographics, Development, Economy, Government Spending, Laws/Regulations, Local Government, Marketing, Poverty, State Capitalism, That Which Paved the Way, WEDC
Two Truths of Whitewater’s Economy
by JOHN ADAMS • • Comments
There are two truths of Whitewater’s economy, each fundamental and each a refutation to the last generation’s myth-making. For today, it’s enough to list the two fundamental truths. Large Public Projects Haven’t Overcome Weak Household-Income Levels in Whitewater. This is true both in aggregate, and for age brackets (children, adults 35-64) not representative…