Showing posts with label Wisconsin politics and economics. Show all posts
Showing posts with label Wisconsin politics and economics. Show all posts

Aug 8, 2017

Poll Shows 69 Percent Oppose Foxconn Fast-tracked in Wisconsin

New poll shows 69% do NOT want the Foxconn
deal fast-tracked, (Public Policy Polling)
Madison, Wisconsin — Scott Walker and Donald Trump's fast-talking assurances about Foxconn in Wisconsin are not buying much.

A new poll shows 69% do NOT want the Foxconn deal fast-tracked in Wisconsin.

The Public Policy Polling data also indicate wide opposition to the environmental destruction associated with the proposed Chinese plant.

Meanwhile, experts caution Wisconsin is getting "hoodwinked" on the Fox Con, (Minneapolis Star Tribune).

Price Tag of Foxconn in Wisconsin Brings Magic-Bean Economics Charge

Marcia Connor of Sun Prairie tells Gov. Scott Walker
that if he really has an extra $3 billion, then she wants
a lakehouse in the north woods, (Wisconsin State Journal).
Madison, Wisconsin — Gov. Scott Walker will do anything to make Wisconsin forget about his failed 250,000-new-jobs promise.

Now comes Walker's once-in-a-lifetime-and-if-you-act-now Foxconn jobs promise. And it costs Wisconsin only $3 billion and its clean water.

Marcia Connor of Sun Prairie in south-central Wisconsin voices the sentiment of many who think Walker's new scheme is a scam.

The $3 billion Walker is offering Foxconn stimulates the imagination for tangible economic activity. Ms. Connor's ideas deserve a hearing.

Writes Connor is a recent letter to the editor, "Will governor subsidize my lake house?"


How much money will Gov. Scott Walker have the taxpayers of Wisconsin give to Foxconn to install its company here? The State Journal has reported $3 billion over 15 years.

I am frustrated with subsidizing companies that are capable of covering their own costs. If they are not able to pay for their own buildings and any other costs related to building here, then they shouldn't be expanding.

I would like to have a lake house in the North Woods. Can Gov. Walker subsidize that for me? It will give people jobs to build the lake house.

Gov. Walker promised Wisconsin residents 250,000 jobs when he initially ran for governor in 2010. To date, seven years later, he still has not reached that goal. He is planning on running for a third term and would like to have Foxconn on his resume.

Like many families, Mal Contends would not a mind a new swimming pool in our backyard along with Connor's proposed lake house.

With Connor's new house, we would appreciate Scott Walker subsidizing a new pool for us with the understanding that we don't necessarily want local workers to do the job, are free to pollute, not pay taxes, and have no legal obligations burdening the regular folk.
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Phil Hands of the Wisconsin State Journal has a cartoon out today mocking Walker and Foxconn's empty and exorbitant promises made at the expense of the Wisconsin people.

Walker's audacious Fox Con may be up.
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Boon·dog·gle
ˈbo͞onˌdäɡəl/
- Work or activity that is wasteful or pointless but gives the appearance of having value.

Aug 7, 2017

Fox Con Falling Flat in Wisconsin

Foxconn installed suicide nets at work camps
to prevent Chinese workers from killing
themselves, thereby not fulfilling their
corporate function. Wage slavery, pollution
and resource depletion are good for the
labor force, assure Wisconsin Republicans.
Wisconsinites are saying, whaaat?
Madison, Wisconsin — Every day there appears a new story on the malfeasance and hype of Foxconn, (Foxconn or Fox Con, Say No to the Fox Con).

Last month Foxconn and Republicans announced an unprecedented tax payer money-water-sand give-away scheme to induce the controversial electronics company to site a plant in Wisconsin, (Washington Post).

But paying $ billions in tax payer funds to this Chinese corporate bad guy is now drawing attention, consideration and even due diligence. Foul, cry Republicans.

From Emily Mills in the Milwaukee Journal-Sentinel:

What seems like a dream at first glance, however, becomes far more of a nightmare when you dig just below the surface.

First, Walker wants us to pay for Foxconn to be here: an incentive package could total $3 billion, not including goodies the company could require of local governments, and an exemption on sales taxes that means zero tax revenue at a time when the state desperately needs new sources of just that. Instead, Walker’s bill includes $252 million in additional borrowing just to rebuild I-94 south of Milwaukee, which would become a key corridor for a plant currently planned for Racine or Kenosha counties.

If passed, the bill would require Wisconsin to pay Foxconn out of the state treasury for up to 15 years. It will cost us $519 per citizen, if the total number of jobs promised actually comes to fruition (don’t hold your breath). 
Falling for the Fox Con is an act madness.

For more info, see Foxconn or Fox Con, Say No to the Fox Con, (Facebook).

Foxconn Technology Co Ltd, looks to cash in on American taxpayers and
workers, (New York Times)