Whitewater’s residents may have heard, as I have, ignorant and false boasting about the benefits of tax incremental financing. It’s variously described as increment or incremental financing, but either way, it’s a plan to entice developers with taxpayer funds by segregating from the general fund, if any, the revenue generated from a development to pay…
Economy
CDA, City, Development, Economics, Economy, Foxconn, Government Spending, Local Government, State Capitalism, State Government, That Which Paved the Way
A Sham News Story on Foxconn
by JOHN ADAMS •
About a month ago, a local business lobbying group in Whitewater invited an operative of the Walker Administration to the city to talk about Foxconn. The nearby Jefferson County Daily Union sent a stringer to cover the presentation. See Foxconn impact outlined in Whitewater. In the 38-paragraph story, the paper simply reproduces – without the…
Bad Ideas, Business, CDA, Corporate Welfare, Development, Economics, Economy, Foxconn, Government Spending, Local Government, State Capitalism, State Government, That Which Paved the Way, WEDC
Foxconn as Alchemy: Magic Multipliers
by JOHN ADAMS •
The Foxconn plant isn’t even built yet, but the Walker Admin and its allies (including a few local apologists for corporate welfare in Whitewater) now resort to fantastic, magical claims about how much economic development will come from nearly four billion in taxpayer subsidies. So magical, so fantastic, that they now claim an 18-1 multiplier…
Business, CDA, City, Development, Economy, Local Government, Poverty
A National Study on Big-City Economic Development
by JOHN ADAMS •
What’s the relationship, if any, between economic development and inclusion? A study from the Brookings Institution (Metro Monitor 2018) suggests that for large metropolitan areas, there may be one. (I’ll not try to fit these data into a local container. That’s why there’s no ‘The Scene from Whitewater Wisconsin’ logo attached to this post.) Here’s…
Business, Economy, Foxconn, Gov. Walker, Government Spending, State Capitalism, Trump
The Man Behind the Foxconn Project
by JOHN ADAMS •
Embed from Getty Images You may have read, recently, of a public official who came to Whitewater to talk about the Foxconn project. Why settle for the tired claims of a mid-level state-government operative when one can hear about Foxconn from the one man behind the entire project? Matthew DeFour reports on the real force…
Business, Development, Economy, Employment, Environment, Foxconn, Government Spending, State Capitalism, That Which Paved the Way, Water, WEDC, Wisconsin
10 Key Articles About Foxconn
by JOHN ADAMS •
➤ Foxconned (“How much is Wisconsin paying for a Taiwanese manufacturer’s jobs?”): Already, it is hazy just how much of a boost to the local economy Foxconn is expected to make. The company said it planned to hire 3,000 workers over four years, whereas the state said the new facility would create 13,000 jobs with an average…
City, Culture, Demographics, Development, Economy, Free Markets, Good Ideas, Local Government, Planning, Politics, Poverty
Dane, Not the WOW Counties
by JOHN ADAMS •
For many years, Republicans have railed against Madison, and against Dane County, as bastions of dysfunctional liberalism. Indeed, this impulse has been strong even after the GOP gained control of both chambers of the legislature and the governor’s office. Funny, though, that it’s Dane County – not the WOW counties of Waukesha, Ozaukee, or Washington – that’s…
Development, Economy, Foxconn, Government Spending, Infrastructure, Laws/Regulations, Local Government
Foxconn Deal Even Worse Than Most State Capitalism
by JOHN ADAMS •
Over at the Milwaukee Journal Sentinel, Jason Stein reports Foxconn package cost Wisconsin eight times as much per job as similar 2017 state jobs deals: To land the massive Foxconn factory, Gov. Scott Walker has committed the state to paying more than eight times as much per job as Wisconsin will provide under similar job creation deals struck…
City, Development, Economy, Laws/Regulations, Local Government, Planning
What a Print Advertiser Means (and Doesn’t Mean)
by JOHN ADAMS •
So, if one lives in Whitewater, he or she may find a shopper-advertiser in the mailbox, with ads from (mostly) out-of-city advertisers. Even if one omits the publisher’s own ads, and public service announcements, the ratio of out-of-city to Whitewater ads is something like 3 to 1. Indeed, the largest ad, on the front page,…
Babbittry, Development, Economy, Local Government, Newspapers, Poverty
Care at the Point of Injury
by JOHN ADAMS •
A post from early December – ‘Don’t worry about them – the rest of us feel great!’ – outlined the problem of boosterism & babbittry: it urges people to look away from real injuries and to gaze instead on delightful distractions. First the problem summarized, then the better, ethical response – The problem: A doctor…
Babbittry, Culture, Development, Economy, Janesville, Local Government, Newspapers, Poverty, Press
‘Don’t worry about them – the rest of us feel great!‘
by JOHN ADAMS •
A doctor walks into a town of one-hundred people, and finds that half of them are pale, feverish, and vomiting blood. The physician calls out to a community leader, “Send for help, you have an epidemic on your hands.” The community leader replies, “Oh no, don’t worry about them – the rest of us feel…
Babbittry, City, Demographics, Economy, Poverty
Contrast
by JOHN ADAMS •
Consider the contrast between how the Janesville Gazette‘s publisher want his city to be seen, and how an economics reporter describes the Janesville area: Janesville Gazette editorial, A question for Janesville to consider: [James] Fallows and his wife learned the differences between success and failure during a 54,000-mile journey across the United States in a single-engine…
City, Economy, Politics
The Winnowing Transition
by JOHN ADAMS •
Today’s a good day to post about the transition through which Whitewater is now going. It’s a winnowing transition, in which many political and economic positions formerly popular are slowly being swept away. (There are, in fact, few leading public officials even from a decade ago still around. Those who are operate in conditions of…
Business, City, Culture, Economy
The Market
by JOHN ADAMS •
There’s an editorial at Royal Purple that contends a future Grocery store should accommodate students. The editorial makes sound points for pricing outreach to students, but my focus here isn’t merely a supermarket or co-op, but the general economic market of Whitewater and nearby, smaller towns (some of which are part of the local school…