?? The overwhelming majority of people in America (and abroad) earn their money through honest means. A few, however, profit through fraud, self-dealing, outright theft, or selfish manipulation of laws and institutions. These few corrupt the public and private spheres they touch. Academy Award winning documentarian Alex Gibney’s second season of Dirty Money, now online…
Business
Business, Economy, Poverty, Technology
Cashierless (and so Cashless)
by JOHN ADAMS • • Comments
One reads that Amazon has opened its first cashless, full-size grocery store in Seattle. See Amazon is opening its first full-size, cashierless grocery store. Here’s a first look inside. A few remarks: This is a technological achievement, and other companies are working along similar lines. No cashier means, definitionally, no cash transactions. That’s convenient for…
Business, City, Local Government, Newspapers
Local Government’s Failure to Speak Independently and Effectively
by JOHN ADAMS • • 1 Comment
There’s a story at the Janesville Gazette that illustrates the inability of Whitewater, Wisconsin’s local government to communicate effectively on its own. The story, primarily, is about the ongoing search for a stand-alone grocery store to come to Whitewater. See Whitewater city manager remains ‘optimistic’ city will get a grocery store (Beleckis, reporter; Schwartz, editor). Routine,…
Bad Ideas, Business, Government Spending, Newspapers, Taxes/Taxation
Government Breaks for Local Newspapers are a Bad, Bad Idea
by JOHN ADAMS • • Comments
There’s understandable worry that communities across America are losing their local newspapers, and so one hears that something simply must be done to save them. Clara Hendrickson, in Local journalism in crisis: Why America must revive its local newsrooms, proposes that we (1) “provide public funding for local journalism” (via tax incentives, mainly), (2) “address…
Boosterism, Business, CDA, City, Congress, Local Government, Taxes/Taxation
Congressman F. James Sensenbrenner Thinks (or Hopes) You’re Ignorant or Stupid
by JOHN ADAMS • • 3 Comments
Congressman F. James Sensenbrenner, the gerrymandered, septuagenarian multimillionaire whose district (the Fifth) stretches all the way down to Whitewater, must think (or hope) people are ignorant. One can conclude as much because Sensenbrenner contends the reason he’s not attending impeachment hearings is because those hearings are not open to the public. Honest to goodness, Sensenbrenner must…
Babbittry, Business, CDA, Corporate Welfare, Economy, Education, Employment, Government Spending, Local Government, WEDC, Wisconsin
Public Money for Unskilled Manufacturing Jobs is Money Wasted
by JOHN ADAMS • • 1 Comment
In times of historically low unemployment, communities are simply wasting public money when they subsidize unskilled manufacturing jobs. The jobs, jobs, jobs mantra only makes sense in conditions of unemployment, unemployment, unemployment. Despite relatively low unemployment, ‘community development men’ in places like Whitewater still push business subsidies for companies using unskilled labor. Pretending that dead-end…
Business, CDA, Economics, Economy, Poverty
Gas Stations, Fast Food, and What the Market Will Bear
by JOHN ADAMS • • Comments
People drive cars, and most cars take gasoline; many people like to get food quickly, and so fast food restaurants meet that desire. There’s nothing wrong with having gas stations or burger joints in a town. One reads today that Whitewater will sell some city-owned land near a roundabout to a gas station chain, Kwik…
Bad Ideas, Business, CDA, Corporate Welfare, Development, Economy, Employment, Government Spending, Scott Walker, State Capitalism, State Government, Taxes/Taxation, That Which Paved the Way, WEDC, Wisconsin
Walker’s Fundamental Failure
by JOHN ADAMS • • Comments
Walker’s fundamental claim was that he would be a jobs creator, with a horde of operatives, development men, business insiders, and political cronies insisting that billions in state funds would somehow trickle down to create jobs. In his fundamental promise, Walker was a failure. Shawn Johnson reports Walker Never Reached 250,000 Jobs Created (‘Finalized statistics…
Agriculture, Bad Ideas, Business, CDA, Economics, Economy, Local Government, Poverty, State Capitalism, State Government, Taxes/Taxation, That Which Paved the Way, Trade, Trump, WEDC, Wisconsin
‘Stung by Trump’s Trade Wars, Wisconsin’s Milk Farmers Face Extinction’
by JOHN ADAMS • • Comments
After years of the ignorant scheming of tax incremental financing, the Wisconsin Economic Development Corporation, capital catalyst grants, the Trump tax bill, and now Trump’s trade war, Alan Rappeport reports Stung by Trump’s Trade Wars, Wisconsin’s Milk Farmers Face Extinction (“The flagship industry in a pivotal swing state faces an economic crisis”): KENDALL, Wis. —…
Bad Ideas, Business, CDA, City, Corporate Welfare, Development, Economics, Economy, Environment, Foxconn, Government Spending, Local Government, Speaker Vos, State Capitalism, State Government, That Which Paved the Way, WEDC, Wisconsin
Foxconn: The Closer One Gets, The Worse It Is
by JOHN ADAMS • • Comments
There is, about Foxconn in Wisconsin, a fair amount of ignorant insistence that there will be supply chain opportunities, etc. Public employees talking about the Foxconn project’s supposed benefit is the practical equivalent letting them recite limericks or play sheepshead: it’s not productive. For those near Foxconn, however, that project is more than wasteful talk:…
Bad Ideas, Business, CDA, City, Corporate Welfare, Economics, Economy, Foxconn, Gov. Walker, Government Spending, Innovation Center/Tech Park, Local Government, WEDC
Foxconn: Evidence of Bad Policy Judgment
by JOHN ADAMS • • 2 Comments
From the moment then-Governor Walker signed the Foxconn deal, it was clear to national economists (from across the political spectrum) that it was a dubious idea. As the months wore on, one could find more – and detailed – critiques of the project. FREE WHITEWATER has post after post addressing these sound critiques. The posts…
Business, CDA, Corporate Welfare, Economics, Economy, Foxconn, Free Markets, Government Spending, Local Government, State Capitalism, State Government, That Which Paved the Way, WEDC
Half-Right About the WISGOP
by JOHN ADAMS • • 2 Comments
Thomas Edsall, writing in the New York Times, quotes Jerry Taylor and Will Wilkinson of the Niskanen Center think tank on Republicans’ political economics. Two quotes from Taylor Wilkinson stand out – one right, and one wrong (at least wrong for Wisconsin). From Will Wilkinson, a view of cultural issues’ importance: The G.O.P.’s success in…
Bad Ideas, Business, CDA, Corporate Welfare, Demographics, Economics, Economy, Foxconn, Local Government, Mendacity, State Capitalism, State Government, That Which Paved the Way, WEDC
Foxconn: When the Going Gets Tough…
by JOHN ADAMS • • Comments
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:…
Bad Ideas, Business, CDA, Corporate Welfare, Demographics, Economics, Economy, Foxconn, Local Government, Mendacity, Politics, State Capitalism, State Government, That Which Paved the Way, Trump, WEDC, Wisconsin
‘Inside Wisconsin’s Disastrous $4.5 Billion Deal With Foxconn’
by JOHN ADAMS • • 4 Comments
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…