Good morning. Wednesday in Whitewater will be mostly sunny with a high of 58. Sunrise is 6:49 AM and sunset 6:40 PM for 11h 50m 44s of daytime. The moon is a waxing crescent with 7.6% of its visible disk illuminated. Whitewater’s Parks & Recreation Board meets at 5:30 PM. On this day in 1781,…
Development
CDA, City, Daily Bread, Development, Economics, Economy, Government Spending, School District
Daily Bread for 7.19.22: Individual and Household Well-Being
by JOHN ADAMS • • 1 Comment
Good morning. Tuesday in Whitewater will be mostly sunny with a high of 89. Sunrise is 5:34 AM and sunset 8:28 PM for 14h 53m 39s of daytime. The moon is a waning gibbous with 61.5% of its visible disk illuminated. Whitewater’s Common Council meets at 6:30 PM. On this day in 1903, Maurice Garin wins…
Bad Ideas, Business, Daily Bread, Development, Foxconn, Government Spending, Trump
Daily Bread for 2.6.22: Food Dye, the Eighth Wonder of the World!
by JOHN ADAMS • • Comments
Good morning. Sunday in Whitewater will be intermittently cloudy with a high of 37. Sunrise is 7:02 AM and sunset 5:15 PM for 10h 13m 11s of daytime. The moon is a waxing crescent with 30.9% of its visible disk illuminated. On this day in 1967, nationally-known activist Stokely Carmichael speaks at UW-Whitewater as part of…
Bad Ideas, Books, Confidence Schemes, Conflicts of Interest, Corporate Welfare, Daily Bread, Development, Foxconn, Mendacity, Scott Walker, State Capitalism, Trump, WEDC
Daily Bread for 12.11.21: A Christmas Gift For, and About, Scheming Development Men
by JOHN ADAMS •
Good morning. Saturday in Whitewater will see snow this morning, of little accumulation, on an otherwise cloudy day with a high of 36. Sunrise is 7:16 AM and sunset 4:20 PM for 9h 04m 43s of daytime. The moon is a waxing gibbous with 55.4% of its visible disk illuminated. On this day in 1901, Morris Pratt…
Business, Daily Bread, Development, Foxconn
Daily Bread for 10.2.21: Foxconn Slips Away in the Night
by JOHN ADAMS • • 1 Comment
Good morning. Saturday in Whitewater will be rainy with a high of 79. Sunrise is 6:54 AM and sunset 6:33 PM for 11h 38m 32s of daytime. The moon is a waning crescent with 18.4% of its visible disk illuminated. On this day in 2018, the Washington Post journalist Jamal Khashoggi is murdered in the Saudi…
Business, City, Daily Bread, Development, Economy, Free Markets, Poverty
Daily Bread for 10.1.21: The Truth About ‘Dollar’ Stores
by JOHN ADAMS • • Comments
Good morning. Friday in Whitewater will be partly sunny with a high of 88. Sunrise is 6:53 AM and sunset 6:34 PM for 11h 41m 25s of daytime. The moon is a waning crescent with 27.2% of its visible disk illuminated. On this day in 1941, Walt Disney World opens near Orlando, Florida. Whitewater may one…
City, Conspiracy Theories, Development, Disinformation, Economy, Ignorance, Local Government, Medicine, School District, Vaccines
Daily Bread for 9.26.21: The Vaccine Divide and the Economic Divide
by JOHN ADAMS • • Comments
Good morning. Sunday in Whitewater will be partly sunny with a high of 82. Sunrise is 6:47 AM and sunset 6:43 PM for 11h 55m 49s of daytime. The moon is a waning gibbous with 73% of its visible disk illuminated. On this day in 1789, George Washington appoints Thomas Jefferson the first United States Secretary…
America, CDA, Common Council, Development, Economics, Economy, Free Markets, Local Government, Regulatory Capture, WEDC
Competition: Good for Individuals and Society
by JOHN ADAMS • • Comments
Pres. Biden plans measures to increase market competition. David Leonhardt reports Biden’s New Push (‘The U.S. economy suffers from a lack of competition. President Biden wants to change that’): The U.S. economy has been less dynamic in the 21st century, by many measures, than it was in the late 20th century. Fewer new businesses are starting.…
Bad Ideas, Boosterism, Development, Foxconn, Government Spending, Politics, Scott Walker, Speaker Vos, Trump, WEDC, Wisconsin
Adding the Amounts Spent for Foxconn (So Far)
by JOHN ADAMS • • Comments
Wisconsin’s new deal with Foxconn will reduce the cost to state taxpayers, but local governments have already spent vast sums on a project that will not – by Foxconn’s own belated admission – come close to what was originally, and ludicrously, promised. Bruce Murphy writes of The True Costs of New Foxconn Deal: the true cost…
Bad Ideas, CDA, Development, Foxconn, Scott Walker, Trump
Foxconn: Seth Meyers on One of Trump’s (and Walker’s) Biggest Scams, the Foxconn Deal
by JOHN ADAMS • • Comments
The Wisconsin Foxconn project that Trump, Walker, and local development men touted was a house of cards, with each card in the deck no better than a three of spades. Their supposedly serious effort now finds itself a national punchline. Previously: 10 Key Articles About Foxconn, Foxconn as Alchemy: Magic Multipliers, Foxconn Destroys Single-Family Homes, Foxconn Devours Tens of Millions from State’s…
Bad Ideas, CDA, Corporate Welfare, Development, Economics, Economy, Foxconn, Government Spending, Mendacity, Scott Walker, Trump, WEDC
Foxconn: New, More Realistic Deal Means 90% Reduction in Goals
by JOHN ADAMS • • 2 Comments
After years of flamboyant lies about what Foxconn would be able to achieve in Wisconsin, there’s a new deal with that foreign corporation. That new arrangement reflects a reduction of 90% or more in what Wisconsin expects and what the state will offer. Local governments have already wasted millions on absurdly grandiose, false promises Not…
Bad Ideas, Corporate Welfare, Development, Foxconn, Marketing, Mendacity, Public Relations, Scott Walker, Special Interests, State Capitalism, State Government, WEDC, WISGOP, YMBFKM
Foxconn’s Venture Capital Fund
by JOHN ADAMS • • Comments
Bruce Murphy has a solid assessment of Foxconn’s much-touted (by Foxconn) venture capital fund in About That Foxconn Venture Capital Fund. It’s well worth reading in full. A few key points: Unfulfilled: Louis Woo of Foxconn had promised this venture fund for startup companies would naturally connect to Foxconn’s innovation centers in Eau Claire, Green Bay…
City, Development, Janesville, Local Government, Politics, Special Interests
A Janesville, Wisconsin Resident on His Town’s Politics (with Similarities to Whitewater)
by JOHN ADAMS • • 2 Comments
Over at the Real Janesville™ Twitter feed, a resident of that nearby city offers observations on his city’s politics. In a tweet stream from 3.11.21, he describes the election scene in Janesville. First the feed, then a few remarks of mine on Whitewater. Advice for Janesville city council candidates: Don’t think you’re an agent for…
CDA, City, Conflicts of Interest, Development, Economy, Free Markets, Law, Laws/Regulations, Local Government, Regulatory Capture
Texas (But Not Only Texas): Regulatory Capture
by JOHN ADAMS • • Comments
Regulatory capture is a simple concept: it applies when regulatory agencies become dominated by the industries or interests they are by law required to regulate. These agencies begin to act to benefit particular incumbent firms or people in the industry they are supposed to be overseeing. The concept is also sometimes called agency capture or…