The published case against Foxconn – with reporting & analysis from some of America’s finest journalists and economists – is overwhelming. Their careful, published work has set out the plain facts for well over a year. And yet, as a multi-billion dollar public failure, there are even more startling accounts still emerging. Austin Carr reports…
That Which Paved the Way
Bad Ideas, Business, CDA, Corporate Welfare, Demographics, Economics, Economy, Foxconn, Local Government, Mendacity, Politics, Scott Walker, State Capitalism, State Government, That Which Paved the Way, WEDC
Foxconn: The ‘State Visit Project’
by JOHN ADAMS • • Comments
Willy Shih, of Harvard Business School, writes that Foxconn’s Wisconsin Factory Is What The Chinese Call A ‘State Visit Project’: Last week I wrote that Foxconn’s giant flat-screen factory in Wisconsin was facing an economic reality check, and might not get built after all. On Friday, after a call between Foxconn chairman Terry Gou and President Donald Trump,…
Babbittry, Bad Ideas, Mendacity, Newspapers, That Which Paved the Way
Quality Rests on Quality
by JOHN ADAMS • • Comments
Never Trump conservative Tom Nichols, on Twitter, writes sensibly in reply to a question about which news sources one should read. He advises Start with a national newspaper every morning. Any of them. NYT, WaPo, WSJ, LAT, whatever. If you just read one newspaper a day, you’re light years ahead of anyone who’s staring at…
Business, CDA, Development, Government Spending, Innovation Center/Tech Park, Local Government, State Capitalism, That Which Paved the Way, WEDC
Crops in a Business Park
by JOHN ADAMS • • Comments
It’s right to make bids for government services, just as it’s right to mitigate losses or vacancies. Yet, for it all, it’s telling that Whitewater’s Community Development Authority has so much vacant business space that it leases the empty lots out for cropland. The Community Development Authority of the City of Whitewater, Wisconsin (“CDA”) is…
Bad Ideas, Business, CDA, Corporate Welfare, Development, Economics, Economy, Foxconn, Local Government, Mendacity, Politics, Scott Walker, State Capitalism, State Government, That Which Paved the Way, WEDC, Wisconsin
Laughable Spin as Industrial Policy
by JOHN ADAMS • • Comments
Alternative Title: Oh, no baby, of course I still love you… Josh Dzieza reports After a ‘personal conversation’ with Trump, Foxconn says it will build a factory in Wisconsin after all (At some point…): Days after Foxconn’s Louis Woo told Reuters that the company is no longer planning to build a factory in Wisconsin, Foxconn says the factory plan…
Business, CDA, Corporate Welfare, Development, Economics, Economy, Free Markets, Government Spending, Hunger, Innovation Center/Tech Park, Local Government, Planning, Poverty, State Capitalism, That Which Paved the Way, Trump, WEDC, Wisconsin
The Fight Against Gravity
by JOHN ADAMS • • Comments
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…
Babbittry, Bad Ideas, CDA, City, Corporate Welfare, Economy, Employment, Foxconn, Government Spending, Local Government, Scott Walker, State Capitalism, State Government, That Which Paved the Way, WEDC, Wisconsin
Lost Homes and Land, All Over a Foxconn Fantasy
by JOHN ADAMS • • Comments
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…
Babbittry, Bad Ideas, CDA, City, Corporate Welfare, Economy, Employment, Foxconn, Government Spending, Local Government, Scott Walker, State Capitalism, State Government, That Which Paved the Way, Tony Evers, WEDC, Wisconsin
WISGOP Assembly Speaker Vos Hopes You’re Stupid
by JOHN ADAMS • • 4 Comments
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…
Babbittry, Bad Ideas, CDA, City, Corporate Welfare, Economy, Employment, Foxconn, Government Spending, Local Government, Scott Walker, State Capitalism, State Government, That Which Paved the Way, WEDC
Foxconn Talks of Folding Wisconsin Manufacturing Plans
by JOHN ADAMS • • Comments
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…
Bad Ideas, CDA, Corporate Welfare, Economy, Foxconn, Government Spending, Innovation Center/Tech Park, Local Government, Mendacity, Poverty, State Capitalism, That Which Paved the Way, WEDC
Nationally and Locally: The Big-Government Conservatives Are Economy-Wreckers
by JOHN ADAMS • • 2 Comments
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…
Bad Ideas, CDA, City, Corporate Welfare, Economy, Employment, Foxconn, Government Spending, Scott Walker, State Capitalism, State Government, That Which Paved the Way, WEDC
Foxconn Couldn’t Even Meet Its Low First-Year Goal
by JOHN ADAMS • • Comments
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…
Babbittry, Mendacity, Newspapers, That Which Paved the Way
Roundup on Jefferson, Wisconsin’s ‘Warriors & Wizards’ Festival
by JOHN ADAMS • • Comments
There are four recent developments in the debacle that has been the October Warriors and Wizards (formerly Harry Potter) Festival in Jefferson, Wisconsin. Despite problems during its two years in Edgerton, Jefferson picked up the festival, and the Daily Jefferson County Union touted the shabby festival even as residents were screaming about the low quality…
Babbittry, Newspapers, Press, That Which Paved the Way
Hedge Funds Have No Table Manners Whatever
by JOHN ADAMS • • Comments
Brian Stelter writes Gannett journalists anxious amid report that Digital First Media is circling the company: Cara Lombardo’s unsettling Sunday night scoop for the WSJ: “A hedge-fund-backed media group known for buying up struggling local papers and cutting costs is planning to make an offer for USA Today publisher Gannett, according to people familiar with the…
Bad Ideas, CDA, Corporate Welfare, Development, Economy, Foxconn, Government Spending, State Capitalism, State Government, That Which Paved the Way, WEDC
The Outrage of Corporate Welfare (Amazon, Foxconn, and others)
by JOHN ADAMS • • Comments
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…