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Bad Ideas

Bad Ideas, Business, CDA, Corporate Welfare, Development, Economics, Economy, Foxconn, Government Spending, Local Government, State Capitalism, State Government, That Which Paved the Way, WEDC

Foxconn as Alchemy: Magic Multipliers

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The Foxconn plant isn’t even built yet, but the Walker Admin and its allies (including a few local apologists for corporate welfare in Whitewater) now resort to fantastic, magical claims about how much economic development will come from nearly four billion in taxpayer subsidies. So magical, so fantastic, that they now claim an 18-1 multiplier…

Bad Ideas, City, Culture, Local Government

Thanks, City of Jefferson!

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There’s something funny, and something sad, about the City of Jefferson’s decision to host for five more years a Harry Potter festival with the same mediocre promotional leadership the festival’s had while in Edgerton and (more recently) in Jefferson. See Attack of the Dirty Dogs (“If vast numbers are disappointed, it matters not at all…