Every major business decision entails risks. The risks in the Foxconn deal are obvious. That’s why hard bargaining on the front end is called for as the final contract is drafted.
Luring the Taiwanese technology giant to southeastern Wisconsin could have ripple effects throughout the area, modernizing the state's culture and reputation in the same way Epic has done for south central Wisconsin.
Now that the intricacies of deal have become public, it begs the question: Does the Foxconn deal make sense for Wisconsin taxpayers?
We cannot let the relentless pursuit of jobs take away what makes Wisconsin our home. We can do better.
Other companies will demand the same breaks and already GOP legislators are using this legislation as an excuse to repeal these environmental protections statewide.
Sinclair Broadcasting would become dominant player in state’s key media markets.
So here we go again, dusting off the Cold War playbook. To paraphrase those Cold War balladeers, Peter, Paul and Mary, when will we ever learn?
The problems vary widely from place to place. But they all grow from the same taproot, a poisoned political culture that glorifies greed, dooming us to a government that works for a wealthy and well-connected few at everyone else’s expense and an economy that benefits a privileged few and leaves so many behind.
Is this a good investment for Wisconsin? Will it help the working population of the state? In both cases, we see a number of downside risks that need to be dealt with upfront if we want a positive outcome from this investment.
Once you actually dig into the actual numbers, this looks like the biggest swindle in Wisconsin history.