From the beginning, it should have been clear to any reasonable person that the Foxconn project was ill-conceived, and destructive of nearby homeowners’ rights. Yet for all the bad news about that fraudulent project, there is still more bad news to relate. John Schmid reports Wisconsin might not get a Foxconn plant of any size,…
Corporate Welfare
CDA, City, Corporate Welfare, Free Markets, State Capitalism, WEDC
Fruitless Embrace
by JOHN ADAMS • • Comments
Free-market economist Veronique de Rugy asks Why Are Republicans Embracing Economic State Planning?: China’s post-Mao economic boom has occurred only to the extent that the country became capitalist. With “Made in China 2025,” Beijing’s 2015 anticapitalist plan for an industrial policy under which the state would pick “winners,” China has taken a step back from capitalism. (It recently dropped the “Made…
Bad Ideas, CDA, Corporate Welfare, Economics, Economy, Government Spending, Local Government, Newspapers, Press, Press Release, State Capitalism, That Which Paved the Way
The Middle Lane is a Dirt Road to Decay, Pt. 2
by JOHN ADAMS • • Comments
Last month, this site linked to media critic Margaret Sullivan’s observation that The media feel safest in the middle lane. Just ask Jeff Flake, John Kasich and Howard Schultz: Who is the media’s middle-lane approach actually good for? Not the public, certainly, since readers and viewers would benefit from strong viewpoints across the full spectrum…
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…
Corporate Welfare, Economics, Economy, Free Markets, Immigration, Local Government, Politics, Regulations, State Capitalism, That Which Paved the Way
Immigration as a Community Lifeline
by JOHN ADAMS • • Comments
Art Cullen writes Help wanted: Rural America needs immigrants: President Trump argues that keeping immigrants and refugees out of our country is a matter of vital national security. He has made it his campaign thesis and shut down the government over it. Here in Storm Lake, Iowa, where the population is about 15,000 and unemployment is under…
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…
Bad Ideas, Business, CDA, Corporate Welfare, Demographics, Economics, Economy, Foxconn, Local Government, Mendacity, Politics, Scott Walker, State Capitalism, State Government, That Which Paved the Way, WEDC
Foxconn: The ‘State Visit Project’
by JOHN ADAMS • • Comments
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,…
Bad Ideas, Business, CDA, Corporate Welfare, Development, Economics, Economy, Foxconn, Local Government, Mendacity, Politics, Scott Walker, State Capitalism, State Government, That Which Paved the Way, WEDC, Wisconsin
Laughable Spin as Industrial Policy
by JOHN ADAMS • • Comments
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…
Business, CDA, Corporate Welfare, Development, Economics, Economy, Free Markets, Government Spending, Hunger, Innovation Center/Tech Park, Local Government, Planning, Poverty, State Capitalism, That Which Paved the Way, Trump, WEDC, Wisconsin
The Fight Against Gravity
by JOHN ADAMS • • Comments
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…
Babbittry, Bad Ideas, CDA, City, Corporate Welfare, Economy, Employment, Foxconn, Government Spending, Local Government, Scott Walker, State Capitalism, State Government, That Which Paved the Way, WEDC, Wisconsin
Lost Homes and Land, All Over a Foxconn Fantasy
by JOHN ADAMS • • Comments
Wisconsin State Senator Jon Erpenbach reminds that people lost homes and land over the Foxconn proposal, and communities spent far over one-hundred millions on an idea that was – to any reasonable, discerning person – doomed to fail. Doomed to fail: dozens of analyses and warnings from across America, of which merely one is Tim Culpan’s Wisconsin…
Babbittry, Bad Ideas, CDA, City, Corporate Welfare, Economy, Employment, Foxconn, Government Spending, Local Government, Scott Walker, State Capitalism, State Government, That Which Paved the Way, Tony Evers, WEDC, Wisconsin
WISGOP Assembly Speaker Vos Hopes You’re Stupid
by JOHN ADAMS • • 4 Comments
With the news that Foxconn plans to drop manufacturing at a plant that was supposed to hire thousands of workers, for which people lost their homes, and that was the centerpiece of Scott Walker’s corporate welfare and crony capitalism, Speaker Robin Vos blames…newly-elected Gov. Tony Evers. Oh, brother: Vos must hope that Wisconsinites are stupid enough to believe…
Babbittry, Bad Ideas, CDA, City, Corporate Welfare, Economy, Employment, Foxconn, Government Spending, Local Government, Scott Walker, State Capitalism, State Government, That Which Paved the Way, WEDC
Foxconn Talks of Folding Wisconsin Manufacturing Plans
by JOHN ADAMS • • Comments
No one who thought about Foxconn seriously would be surprised to read from a Reuters exclusive that Foxconn [is] reconsidering plans to make LCD panels at Wisconsin plant. The Taiwanese manufacturer has already broken its promises on the kind of panels it would build at the plant, and failed to meet even its low, first-year hiring…
Babbittry, Bad Ideas, Corporate Welfare, Economics, Economy, Education, Innovation Center/Tech Park, State Capitalism, Trump, WEDC
Ignorant Policymakers Will Produce Ignorant Policies
by JOHN ADAMS • • Comments
Rep. Justin Amash, who is as close to a libertarian as any Republican in Congress, offered this observation about Wilbur Ross, Trump’s Secretary of Commerce: It’s amazing that Wilbur Ross was nominated and confirmed to be secretary of anything. He’s shown over many years that he doesn’t understand basic economics, and to describe him as…