Wisconsin’s $4.1 billion Foxconn boondoggle
Wisconsin’s $4.1 billion Foxconn boondoggle
12/5/2018
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summary
This article discusses the controversial deal between Foxconn and the state of Wisconsin to build a manufacturing plant. The deal, originally touted as a major job creator for the state, has faced numerous setbacks and criticisms. The article highlights how the promised job numbers have been significantly reduced, raising doubts about the economic benefits of the project. It also analyzes the substantial subsidies and incentives offered to Foxconn by the state, leading to debates over whether the investment is worth the taxpayer money. The article provides a critical examination of the Foxconn-Wisconsin deal and its implications for both the local economy and government policies.
tags
wisconsin ꞏ economic stimulus ꞏ foxconn ꞏ manufacturing ꞏ infrastructure ꞏ job market ꞏ industrial development ꞏ economic benefits ꞏ economic policy ꞏ local economy ꞏ economic investment ꞏ public-private partnership ꞏ labor force ꞏ technology ꞏ business ꞏ jobs ꞏ government ꞏ supply chain ꞏ labor market ꞏ electronics ꞏ economic strategy ꞏ economic planning ꞏ manufacturing industry ꞏ economic evaluation ꞏ economic impact ꞏ trade ꞏ job recruitment ꞏ economic competitiveness ꞏ job prospects ꞏ scott walker ꞏ economic development ꞏ politics ꞏ economic growth ꞏ investment incentives ꞏ economic revitalization ꞏ job opportunities ꞏ subsidies ꞏ corporate incentives ꞏ job creation ꞏ political controversy ꞏ employment ꞏ economic incentives ꞏ political decision-making ꞏ local community ꞏ foreign investment ꞏ economic progress ꞏ industry ꞏ tax incentives