Economy | FREE WHITEWATER
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Economy

Foxconn: New, More Realistic Deal Means 90% Reduction in Goals

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…

Local Politics Hasn’t Been Merely ‘Local’ for Years

Over at the Wisconsin Examiner, Henry Redman writes (with concern) that All politics is national (‘Candidates for local office are ignoring community issues, instead highlighting national culture wars’). First, Redman’s case, then a few remarks. Woodman [Kyle Woodman, a Republican running for Eau Claire’s city council] is part of a mostly conservative group of candidates…

Texas (But Not Only Texas): Regulatory Capture

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…

The Bad Economy Isn’t Causing Good Enrollment Numbers

Catherine Rampell observes Tough economies usually push people into more education. It’s not happening this time. She writes that Usually, postsecondary enrollment increases during tough economies, as workers seek shelter from the lousy job market and invest in upgrading their skills. This can be a (small) silver lining of downturns: If displaced workers choose wisely…

Unemployment Imagined and Real

National unemployment figures have been undercounting the true number of those unemployed. Rachel Siegel reports Fed chair: Unemployment rate was closer to 10 percent, not 6.3 percent, in January: Federal Reserve Chair Jerome H. Powell said Wednesday that the unemployment rate in January was “close to 10 percent,” significantly higher than the 6.3 percent rate…

Buy Local Will Change

The pandemic has made takeout and delivery more valuable than ever, not only for convenience but also for reduced exposure. In larger cities, some changes to restaurant delivery (among other services) have been building for years, and are likely to be permanent. See Heated patios, QR code menus and pop-ups: Milwaukee restaurants got innovative during…

Markets and Markets

One reads that Whitewater now has an option, for most of the city, of grocery delivery from nearby cities. As it is, Whitewater has a Walmart, but no stand-alone, full-service grocery. Private delivery service is a benefit to the community. It’s better to have more grocery options than fewer. These are private enterprises providing private delivery…

Trump’s Employment Failure

Catherine Rampell writes December’s jobs report confirms Trump is set to be the worst jobs president on record: When the pandemic first hit the United States, we lost 22 million jobs almost immediately. Then after seven months of gains — albeit decelerating ones — the economy tipped back into job losses in December, the Bureau…

Local 2021 Races in the Whitewater Area

Update: this post about local politics, with an optimistic final sentence, was published before the morning and afternoon events in Washington. It has always been true – and always will be true – that what harms the country harms the city; what stains the nation stains the city. Every moment of opposition to Trump and…

For Whitewater, the Pandemic Reveals What Was Already There

For Whitewater – and other places – the pandemic hasn’t changed contemporary politics or culture, it has revealed plainly the character of contemporary politics and culture: divided, debilitated. Whitewater’s meaningful changes began years ago, with the Great Recession (2007-2009). For small towns like Whitewater, that recession never ended. It’s as if a man with poor…

What Changes After the Pandemic?

 Megan McArdle, writing at the Washington Post, speculates about What changes after covid-19? I’m betting on everything.  She’s thinking about the other side of the pandemic, when the worst has subsided, and we are no longer here but instead there. Her forecast focuses on technological changes likely in the wake of the COVID-19: But on closer…

Frontline: Supreme Revenge: Battle for the Supreme Court

With the confirmation of Justice Amy Coney Barrett days before the 2020 presidential election, conservatives solidified a 6-3 majority on the Supreme Court — and the chance to shape American life and policy for a generation. Behind it all was a powerful Republican from Kentucky: Senate Majority Leader Mitch McConnell, for whom Barrett’s confirmation was…

Frontline: A Nation in Turmoil (Full Film)

Filmed across the country this past year by a production team headed by Mike Shum and Blair Woodbury, “American Voices: A Nation in Turmoil” captures the diverse perspectives of a number of people — a pastor, a barber, a doctor, an activist and more — as they deal with COVID-19 in their communities, respond to…