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Foxconn: When the Going Gets Tough…

The national press has reported extensively, and critically, on the Foxconn project. National technology site The Verge (part of Vox Media) has also noticed how local officials who flacked this project day and night are now, well, quieter. Nilay Patel writes Let’s all watch the Wisconsin local news desperately try to get answers about Foxconn:…

‘Inside Wisconsin’s Disastrous $4.5 Billion Deal With Foxconn’

The published case against Foxconn – with reporting & analysis from some of America’s finest journalists and economists – is overwhelming. Their careful, published work has set out the plain facts for well over a year. And yet, as a multi-billion dollar public failure, there are even more startling accounts still emerging. Austin Carr reports…

Foxconn: The ‘State Visit Project’

Willy Shih, of Harvard Business School, writes that Foxconn’s Wisconsin Factory Is What The Chinese Call A ‘State Visit Project’: Last week I wrote that Foxconn’s giant flat-screen factory in Wisconsin was facing an economic reality check, and might not get built after all. On Friday, after a call between Foxconn chairman Terry Gou and President Donald Trump,…

Crops in a Business Park

It’s right to make bids for government services, just as it’s right to mitigate losses or vacancies. Yet, for it all, it’s telling that Whitewater’s Community Development Authority has so much vacant business space that it leases the empty lots out for cropland. The Community Development Authority of the City of Whitewater, Wisconsin (“CDA”) is…

Laughable Spin as Industrial Policy

Alternative Title: Oh, no baby, of course I still love you…  Josh Dzieza reports After a ‘personal conversation’ with Trump, Foxconn says it will build a factory in Wisconsin after all (At some point…): Days after Foxconn’s Louis Woo told Reuters that the company is no longer planning to build a factory in Wisconsin, Foxconn says the factory plan…

The Fight Against Gravity

The Trump Administration wants to bolster industries that are market failures, with coal as an example.  Catherine Rampell writes of that effort in The Trump administration learns that fighting gravity is hard: The Trump administration is learning that, as new data show that the industries it has worked hardest to prop up — through bailouts, tariffs…

Public Records Request of 6.26.18 (Grocery)

Yesterday’s post addressed open government aspects of an unrecorded council meeting.  See Public Records Request of 6.26.18 (Open Government).   This post will consider a slide presentation from the unrecorded Whitewater Community Development Authority presentation of 6.19.18 on grocery store recruitment.  Embedded immediately below is that slide presentation, and a link to the 5.19.16 Perkins supermarket…

Why, Yes, It Was

Cecilia Kang reports AT&T Chief Says Hiring Michael Cohen Was a ‘Big Mistake’: WASHINGTON — Randall L. Stephenson, AT&T’s chief executive, said on Friday that the company had made a “big mistake” by hiring President Trump’s personal lawyer, Michael D. Cohen, to advise on the telecommunications giant’s deal to buy Time Warner. “Our company has been…

Foxconn as Alchemy: Magic Multipliers

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…

A National Study on Big-City Economic Development

What’s the relationship, if any, between economic development and inclusion? A study from the Brookings Institution (Metro Monitor 2018) suggests that for large metropolitan areas, there may be one. (I’ll not try to fit these data into a local container. That’s why there’s no ‘The Scene from Whitewater Wisconsin’ logo attached to this post.) Here’s…

10 Key Articles About Foxconn

➤ Foxconned (“How much is Wisconsin paying for a Taiwanese manufacturer’s jobs?”): Already, it is hazy just how much of a boost to the local economy Foxconn is expected to make. The company said it planned to hire 3,000 workers over four years, whereas the state said the new facility would create 13,000 jobs with an average…