➤ 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…
Employment
Business, Economy, Employment, State Capitalism
Trump’s Carrier Deal (Update): Fewer Longterm Jobs
by JOHN ADAMS •
Sometimes, a state-cajoled, anti-market confidence game unravels quickly, revealing the fraud that it is. Trump’s Carrier deal is one of those occasions. Three days ago, the news was that Trump’s Carrier deal was worth hundreds fewer jobs than he’d proudly boasted. (See, Trump’s Carrier Deal: Fewer Saved Jobs With Each Passing Day: ““We found out today…
Economy, Employment
Trump’s Carrier Deal: Fewer Saved Jobs With Each Passing Day
by JOHN ADAMS •
Desperate but hopeful people wanted to keep their jobs with Carrier in Indiana. As it turns out, the promises of over a thousand jobs retained (albeit at a cost to other taxpayers) were exaggerated, whether by carelessness or manipulation: INDIANAPOLIS (WTHR) – The Carrier deal, brokered by President-elect Donald Trump, may not have saved as…