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State Capitalism

The Fight Against Gravity

The Trump Administration wants to bolster industries that are market failures, with coal as an example.  Catherine Rampell writes of that effort in The Trump administration learns that fighting gravity is hard: The Trump administration is learning that, as new data show that the industries it has worked hardest to prop up — through bailouts, tariffs…

Lost Homes and Land, All Over a Foxconn Fantasy

Wisconsin State Senator Jon Erpenbach reminds that people lost homes and land over the Foxconn proposal, and communities spent far over one-hundred millions on an idea that was – to any reasonable, discerning person – doomed to fail. Doomed to fail: dozens of analyses and warnings from across America, of which merely one is Tim Culpan’s Wisconsin…

WISGOP Assembly Speaker Vos Hopes You’re Stupid

With the news that Foxconn plans to drop manufacturing at a plant that was supposed to hire thousands of workers, for which people lost their homes, and that was the centerpiece of Scott Walker’s corporate welfare and crony capitalism, Speaker Robin Vos blames…newly-elected Gov. Tony Evers. Oh, brother: Vos must hope that Wisconsinites are stupid enough to believe…

Foxconn Talks of Folding Wisconsin Manufacturing Plans

No one who thought about Foxconn seriously would be surprised to read from a Reuters exclusive that Foxconn [is] reconsidering plans to make LCD panels at Wisconsin plant. The Taiwanese manufacturer has already broken its promises on the kind of panels it would build at the plant, and failed to meet even its low, first-year hiring…

Ignorant Policymakers Will Produce Ignorant Policies

Rep. Justin Amash, who is as close to a libertarian as any Republican in Congress, offered this observation about Wilbur Ross, Trump’s Secretary of Commerce: It’s amazing that Wilbur Ross was nominated and confirmed to be secretary of anything. He’s shown over many years that he doesn’t understand basic economics, and to describe him as…

Nationally and Locally: The Big-Government Conservatives Are Economy-Wreckers

Catherine Rampell, writing about the national GOP, accurately describes their economic policy under Trump in The GOP has become the Soviet party.  This has been a building national problem for years, but a building local problem for about as long: a clique of slogan-rich but insight-poor local conservatives have wrecked economies like Whitewater’s economy with a steady diet of…

Foxconn Couldn’t Even Meet Its Low First-Year Goal

Here in Whitewater, the local private business lobby invited last year as a guest speaker a state operative to exaggerate wildly talk about Foxconn. See A Sham News Story on Foxconn. As it turns out, Foxconn hasn’t even been able to meet the low, first-year employment goals set for the publicly-subsidized project. Rick Rommel reports Foxconn falls…

The Broad Outlines of 2019

For many years, I would begin the year with predictions for the twelve months ahead.  Events since 2016 have made predictions harder,  but one can still discern some short-term developments for the city.  These prospects, of course, form an online of topics to ponder, and about which to write (often requiring that one return to the…

The Outrage of Corporate Welfare (Amazon, Foxconn, and others)

You may have heard by now that Amazon’s new headquarters will soon call the New York and Washington, D.C., metropolitan areas home. This decision has engendered much criticism. But the Atlantic staff writer Derek Thompson doesn’t think the vitriol is enough. “We should all be screaming mad about the state of corporate handouts in this country,” Thompson…

Foxconn Roundup: Outside Work and Local Land

Foxconn’s boosters each day inch closer to a corporate welfare version of Scientology: it doesn’t make any sense, but adherents keep to themselves and repeat a shared list of crackpot claims. The latest news to pierce the cultists’ bubble: Molly Beck and Rick Romell report Wisconsin taxpayers could pay Foxconn for work done outside of Wisconsin,…

The ‘Real’ Residents

Emily Badger reports Are Rural Voters the ‘Real’ Voters? Wisconsin Republicans Seem to Think So: In much of Wisconsin, “Madison and Milwaukee” are code words (to some, dog whistles) for the parts of the state that are nonwhite, elite, different: The cities are where people don’t have to work hard with their hands, because they’re collecting…

Once a Gerrymanderer…

Wisconsin, with a gerrymandered legislature and a crony capitalist, lame-duck governor, was never going to have an easy transition back to a tradition of democratically representative government and sound economic policy.  The men who engineered years of the wrong approach were never going to go gently to the political outer darkness that, deservedly, awaits them.…

Foxconn Roundup: Indiana Layoffs & Automation Everywhere

A sensible person would never have listened to a Walker Administration operative in Whitewater tout Foxconn without laughing or looking about for a nearby tomato.  No sensible person would have made that operative a guest speaker at an annual dinner or written about the event without criticism.  (See, about that Greater Whitewater Committee dinner and that…

Foxconn Roundup: Desperately Ill Edition

Before and after the recent election, solid assessments on Foxconn came to press, and they confirm how irrational and wasteful is that project. Earlier this year, the local business lobby (the Greater Whitewater Committee) invited the state capitalist stooge official overseeing the project to a dinner in Whitewater. I’ve no idea whether Matt Moroney will show…