There are two truths of Whitewater’s economy, each fundamental and each a refutation to the last generation’s myth-making. For today, it’s enough to list the two fundamental truths. Large Public Projects Haven’t Overcome Weak Household-Income Levels in Whitewater. This is true both in aggregate, and for age brackets (children, adults 35-64) not representative…
Economy
CDA, City, Corporate Welfare, Development, Economy, Free Markets, Gov. Walker, Marketing, Politics, Poverty, State Capitalism, State Government, Taxes/Taxation, That Which Paved the Way, Trump
About that Trump Tax Plan
by JOHN ADAMS •
In Whitewater, by press release (twice), one can read about the supposed benefits of the Trump tax plan. The Whitewater Community Development Authority’s executive director, Dave Carlson, was quick to push a portion of the plan as good for Whitewater. In doing so, he conceded what anyone observing Whitewater with care and concern already knew:…
Economy, Employment, Foxconn, Government Spending
Even Foxconn’s Projections Show a Vulnerable (Replaceable) Workforce
by JOHN ADAMS •
Here in Whitewater, one has heard the most optimistic (indeed, truly fantastic) projections for Foxconn’s employment opportunities. Look more closely, however, and even under Foxconn and state officials’ self-interested projections on behalf of the project, many of the projected employees will be entry-level workers, as Rick Romell reports: But there’s another aspect of the 22-million-square-foot…
Babbittry, CDA, City, Development, Economy, Local Government, Marketing, Mendacity, Negligence, Poverty, Public Relations, State Capitalism, That Which Paved the Way, WEDC
Whitewater Listed as the Poorest City in Wisconsin
by JOHN ADAMS •
Samuel Stebbins and Michael B. Sauter, from 24/7 Wall Street, report Which town in your state is the poorest? Here is the list @ Gannett’s USA Today. For Wisconsin, they contend it’s Whitewater: Town median household income: $30,934 State median household income: $54,610 Town poverty rate: 38.2% Town population: 14,840 Whitewater has both the lowest median household income and the…
Babbittry, Bad Ideas, CDA, City, Development, Economy, Government Spending, Local Government, Marketing, Planning, Poverty, That Which Paved the Way, WEDC
A Candid Admission from the Whitewater CDA
by JOHN ADAMS •
Sometimes, however rarely, even in places with the most stubborn boosterism, an official admits – wittingly or unwittingly – the failure of longstanding policy. Dave Carlson, executive director of the Whitewater Community Development Authority, is such an official. In a press release from March 27th, lauding a provision of the Trump tax bill, Carlson quotes…
City, Conflicts of Interest, Corporate Welfare, Economics, Economy, Ethics, Gov. Walker, Local Government, Mendacity, Paul Ryan, Politics, State Capitalism, That Which Paved the Way, Trump
The Price of Trumpism is Ruin
by JOHN ADAMS •
Craig Gilbert looks at the careers of Priebus, Ryan, and Walker: They led the “Cheesehead Revolution,” the GOP’s audacious conquest of Wisconsin. They offered a model for bridging Republican frictions between establishment and base. They became national figures. They ran into Donald Trump. They suffered. They bent to his rise. Now one (Priebus) has left…
Bad Ideas, CDA, City, Corporate Welfare, Development, Economics, Economy, Government Spending, Local Government, State Capitalism, Taxes/Taxation, That Which Paved the Way
‘Crony Capitalism and Social Engineering: The Case Against Tax-Increment Financing’
by JOHN ADAMS •
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…
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…