The ‘Innovation Express’ – even less efficient, more costly, and more unjustified as crony capitalism than anyone might have thought! There are two stories at the Janesville Gazette that do their damnedest to justify federal, state, and local subsidies ($83,005) for a bus that benefits principally a few workers from multi-billion-dollar Generac, but even cheerleading…
State Government
The
Government Spending, Planning, State Government
Update on the Spectrum Brands State-backed Deal
by JOHN ADAMS •
I wrote earlier about the Wisconsin Economic Development Corporation’s millions for Spectrum Brands (Rayovac, among other brands). The professed purpose was to keep the company in Wisconsin. As it turned out, they took they money, as part of a relocation to Middleton, Wisconsin. There’s scant credible evidence that they truly were prepared to leave. A…
Government Spending, Innovation Center/Tech Park, State Government
The Spectrum Brands State-backed Deal: Either Shameful Negligence or Shameful Dishonesty
by JOHN ADAMS •
Consider how profligate the State of Wisconsin is with public money. Millions spent on a business relocation for a corporation that (1) withheld its identity, (2) was already in Wisconsin, (3) used flimsy worries about protests at the Capitol as way to curry favor with the Walker Administration, (4) where the head of the Wisconsin…