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Despite Denials, Foxconn’s Empty Buildings Are Still Empty

This morning, Joe sent along a comment mentioning a story about Foxconn from the national technology website The Verge. (Many thanks for the pointer.) Josh Dzieza reports One month ago, Foxconn said its innovation centers weren’t empty — they still are (“Foxconn still hasn’t done anything with the buildings it bought in Wisconsin”): Last summer,…

The Empty ‘Jobs Created’ Pledge

In Wisconsin, these last years, one has often heard – so often that it might as well be a mantra – that corporate subsidies are necessary for job creation, to reward job creators. This repeated justification ignores evident realities: (1) in times of low unemployment job-creation subsidies are less necessary, (2) wealthy corporate recipients are…

America’s Best Know Better

A story from the Wall Street Journal‘s Valerie Bauerlein explains the damage that the Foxconn scheme has done to ordinary people in Foxconn Tore Up a Small Town to Build a Big Factory—Then Retreated (“The iPhone maker got fat incentives to build a $10 billion LCD plant that largely hasn’t materialized on land where Mount…

‘Stung by Trump’s Trade Wars, Wisconsin’s Milk Farmers Face Extinction’

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. —…

Foxconn Confirms Gov. Evers’s Claim of a Renegotiation Discussion

Yesterday, Gov. Evers was proved right on a key contention about Foxconn. Earlier this week, Evers released a letter to Foxconn executive Dr. Louis Woo in which Evers mentioned that Foxconn had sought to “suggest several changes to the existing agreement.” Gov. Evers also stated that Woo had also met with Vos and Fitzgerald and…

Foxconn: The Closer One Gets, The Worse It Is

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:…

Foxconn: Cleanup on Aisle 4

Following Trump and Walker with a mop, Gov. Evers arrives to clean up the Foxconn mess: Gov. Tony Evers said Wednesday he wants to renegotiate the state’s contract with Foxconn Technology Group and emphasized the Taiwanese company won’t be creating 13,000 jobs in Wisconsin as originally envisioned. “Clearly the deal that was struck is no longer…

‘Migration Key To Wisconsin’s Workforce’

For many years – and despite nearly a decade of corporate welfare and crony capitalism from the WEDC and local versions of it – Wisconsin has seen a decline in younger workers and families. Shamane Mills writes Report: Migration Key To Wisconsin’s Workforce (“State Has Seen Large Drop in Net Migration Of Families With Children…

Foxconn: Still Empty, and the Chairman of the Board Needs a Nap

Trump declared that Foxconn in Wisconsin would be the eighth wonder of the world, but one of the world’s true wonders would not depend on empty buildings and it wouldn’t have a leader who needs a nap, but here we are. Following his earlier examination on Foxconn’s habit of using empty buildings to dupe the…

Foxconn: Heckuva Supply Chain They Have There…

Not long ago, the executive director of the Whitewater Community Development Authority used meeting time to gush over the supply-chain possibilities Foxconn might present for Whitewater. The very idea is laughable; that his remarks were not met with peals of laughter shows how ignorant or confused the members of that public body truly are. See…

Foxconn: On Shaky Ground, Literally

Not long ago, Whitewater’s Community Development Authority discussed – laughably – that Foxconn’s screen production would offer a supply-chain opportunity for Whitewater. As it turns out, beyond all the other problems of Foxconn, the site probably cannot – literally – even support the production of high-quality glass components. Bruce Murphy at Urban Milwaukee explains: Except…

Local Election Roundup 2019

Wisconsin’s spring general election is over, and a quick discussion follows. For unofficial results, see the pages for Walworth, Jefferson, and Rock counties. Wisconsin Supreme Court. This was a close election, but for supporters of Lisa Neubauer (as I am), it’s a disappointing result. Neubauer performed not as well overall as Rebecca Dallet last year,…