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Scott Walker

Daily Bread for 7.20.22: Michels Keeps His Money, Discards His Views

Good morning. Wednesday in Whitewater will be partly sunny with a high of 86. Sunrise is 5:35 AM and sunset 8:27 PM for 14h 51m 54s of daytime.  The moon is in its third quarter with 50.1% of its visible disk illuminated. On this day in 1969, Apollo 11‘s crew successfully makes the first manned landing on…

Daily Bread for 7.10.22: Rebecca Has Another Bad Day

Good morning. Sunday in Whitewater will be sunny with a high of 83. Sunrise is 5:26 AM and sunset 8:33 PM for 15h 07m 14s of daytime.  The moon is a waxing gibbous with 85% of its visible disk illuminated. On this day in 1832, Fort Koshkonong Construction Begins: On this date General Henry Atkinson and his…

Daily Bread for 12.11.21: A Christmas Gift For, and About, Scheming Development Men

Good morning. Saturday in Whitewater will see snow this morning, of little accumulation, on an otherwise cloudy day with a high of 36.  Sunrise is 7:16 AM and sunset 4:20 PM for 9h 04m 43s of daytime.  The moon is a waxing gibbous with 55.4% of its visible disk illuminated.  On this day in 1901, Morris Pratt…

Foxconn: Perhaps – Perhaps – a Few Lessons Learned

Scott Cohn of CNBC reports After Wisconsin’s Foxconn debacle, states and companies rethink giant subsidies. Rethinking is a hopeful prospect, but there has been significant lasting damage, as Cohn reports: Economic development officials in Wisconsin say they are more than ready to move on to other matters now that they have renegotiated a massive subsidy deal…

Adding the Amounts Spent for Foxconn (So Far)

Wisconsin’s new deal with Foxconn will reduce the cost to state taxpayers, but local governments have already spent vast sums on a project that will not – by Foxconn’s own belated admission – come close to what was originally, and ludicrously, promised. Bruce Murphy writes of The True Costs of New Foxconn Deal: the true cost…

Foxconn: Seth Meyers on One of Trump’s (and Walker’s) Biggest Scams, the Foxconn Deal

The Wisconsin Foxconn project that Trump, Walker, and local development men touted was a house of cards, with each card in the deck no better than a three of spades. Their supposedly serious effort now finds itself a national punchline. Previously: 10 Key Articles About Foxconn, Foxconn as Alchemy: Magic Multipliers,  Foxconn Destroys Single-Family Homes, Foxconn Devours Tens of Millions from State’s…

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…

Foxconn’s Venture Capital Fund

Bruce Murphy has a solid assessment of Foxconn’s much-touted (by Foxconn) venture capital fund in About That Foxconn Venture Capital Fund. It’s well worth reading in full. A few key points: Unfulfilled: Louis Woo of Foxconn had promised this venture fund for startup companies would naturally connect to Foxconn’s innovation centers in Eau Claire, Green Bay…

Foxconn: Independent Study Confirms Project is Beyond Repair

[embeddoc url=”https://freewhitewater.com/wp-content/uploads/2019/08/Costs-and-Benefits-of-a-Revised-Foxconn-Project.pdf” width=”100%” download=”all” viewer=”google”] Previously: 10 Key Articles About Foxconn, Foxconn as Alchemy: Magic Multipliers,  Foxconn Destroys Single-Family Homes, Foxconn Devours Tens of Millions from State’s Road Repair Budget, The Man Behind the Foxconn Project, A Sham News Story on Foxconn, Another Pig at the Trough, Even Foxconn’s Projections Show a Vulnerable (Replaceable) Workforce, Foxconn in Wisconsin: Not So High Tech After All, Foxconn’s Ambition…

Town Residents Claim Trump’s Foxconn Factory Deal Failed Them

The project has failed those residents, as it has failed Wisconsin, and become a cautionary tale for the rest of America. Previously: 10 Key Articles About Foxconn, Foxconn as Alchemy: Magic Multipliers,  Foxconn Destroys Single-Family Homes, Foxconn Devours Tens of Millions from State’s Road Repair Budget, The Man Behind the Foxconn Project, A Sham News Story on Foxconn, Another Pig at the Trough, Even Foxconn’s…

Three Fundamental Failures: Employment, Income, and Poverty

An earlier post addressed Walker’s Fundamental Failure to meet his jobs pledge even after eight years. The record is much worse: years of corporate subsidies and meddling in the marketplace for preferred businesses & political cronies have produced failures of employment, income, and poverty. (Small town officials who copied this approach on the local level, as…

Walker’s Fundamental Failure

Walker’s fundamental claim was that he would be a jobs creator, with a horde of operatives, development men, business insiders, and political cronies insisting that billions in state funds would somehow trickle down to create jobs. In his fundamental promise, Walker was a failure. Shawn Johnson reports Walker Never Reached 250,000 Jobs Created (‘Finalized statistics…