FREE WHITEWATER

Economy

Foxconn: Failure & Fraud

There are two national publications with recent updates on the Foxconn project, and each report highlights fundamental problems with the billions in public subsidies for that foreign corporation. Here’s a roundup of the latest on this dodgy corporate welfare:   Bruce Murphy (writing online for national tech site The Verge) reports Wisconsin’s $4.1 Billion Foxconn Boondoggle (“Gov.…

In Whitewater and Elsewhere, Employment’s Only Part of the Story

 In times of high unemployment, of course it makes sense to get people back to work. Jobs, jobs, jobs isn’t a bad mantra when people don’t have work.  (Work isn’t simply about an income, but a place in society.)  Today is not, however, the Great Depression. Listen to ‘development professionals’ go on about job-creation at…

Foxconn’s Predatory Reliance on Eminent Domain

Taiwanese-owned Foxconn is relying on eminent domain to seize Wisconsinites’ private homes for the sake of that foreign company’s project. Principles of eminent domain, sadly, have been vastly increased since a 2005 U.S. Supreme Court decision expanded government’s power to take from ordinary homeowners, among others. Those expanded governmental powers mean that residents who lose their…

‘Chinese-owned company qualifies for Trump’s anti-China farm bailout’

Listen closely, and one can almost hear the peals of laughter from a bureaucrat in the Chinese ministry of commerce… Jeff Stein reports Chinese-owned company qualifies for Trump’s anti-China farm bailout: A Chinese-owned pork producer is eligible for federal payments under President Trump’s $12 billion farm bailout, a program established to help U.S. farmers hurt…

The Walker Cabinet Officers’ Open Letter

Four cabinet secretaries of the Walker Administration have come forward to criticize the governor, and three of them have co-written an open letter against Walker’s relentless emphasis on political gain over sound policies. One of the signatories of the letter is Paul Jadin, who was Walker’s first Wisconsin Economic Development Corporation leader. It says all…

The ‘Republican’ Candidate’s Meet and Greet

One reads that the self-described Republican candidate for the 43rd Assembly District will hold a meet and greet next week at a private establishment in town. Good for him – free speech is a core political right. (He’s also scheduled to appear at a local candidate’s forum this week. See The First & Last Questions.) He’s a…

Majority of Walworth County’s Renters are Rent-Burdened

A new study, Paying the Rent, from the Wisconsin Policy Forum finds that a majority of Walworth County’s renters are rent-burdened, placing the county in the top five most distressed in the state by that measurement. (There are, of course, 72 counties in Wisconsin, so Walworth County is among the weakest of a very large…

The Theory of Moral Sentiments and the Morality of Markets

In Five myths about capitalism, Steven Pearlstein describes the primary myth as a misunderstanding about motivations of those choosing freely in the marketplace (broadly understood, these choices are about not only capital, but also labor or goods): Myth No. 1: Greed, a natural human instinct, makes markets work. Adam Smith, the father of economics, first pointed out in his…

Walworth County’s Working Poor

In Whitewater and throughout Walworth County, huge numbers of residents are “asset limited, income constrained [yet] employed” (ALICE®). A report from the United Way of Wisconsin, entitled ALICE® ASSET LIMITED, INCOME CONSTRAINED, EMPLOYED WISCONSIN, reveals the truth about many in our community. Walworth County measures slightly worse than the already-disappointing state average. The talk of…

Foxconn’s Secret Deal with UW-Madison

These last several years in Wisconsin have seen a politics of corporate manipulation of public spending and a retreat from principles of open government. Businesses and business lobbying groups routinely expect public money for business projects that should be wholly private. (Scheming development gurus often refer to taxpayer money as their ‘tools,’ as though the…

On New Market Tax Credits for a Fairfield Inn and ‘Community Engagement’

The use of government-issued New Market Tax Credits will bring Whitewater a Fairfield Inn and a building for the existing local campus to lease. Proponents of an ordinary hotel and a lease agreement for the university cannot offer any evidence that these projects will boost local individual or household incomes. What one can show –…

The Two Questions that Haunt Old Whitewater

Two questions haunt Old Whitewater (where Old Whitewater is a state of mind rather than an age or a particular person): What does it mean to be a college town? and What is meaningful community development? (There are other serious questions, but one can be sure – at the least – that these two have Whitewater…