The Wisconsin Foxconn scam


#21

Bloomberg with a huge article on this
https://www.bloomberg.com/news/features/2019-02-06/inside-wisconsin-s-disastrous-4-5-billion-deal-with-foxconn


#22

I read that one too. Very informative.


#23

Under the terms Walker negotiated, each job at the Mount Pleasant factory is projected to cost the state at least $219,000 in tax breaks and other incentives.

Walker should be in jail. The state of Wisconsin would have been better off finding 13,000 unemployed citizens and just given them $200k/year. Or better yet given 26,000 citizens $100k/year. But, you know, socialism.


#24

The kicker is, when they signed the deal they knew that WI didn’t even have 13k available employees. And that many of the employees would be commuting from Illinois.