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riversedge

(79,172 posts)
Tue Jul 3, 2018, 11:05 AM Jul 2018

John Nichols: Scott Walker got conned by Foxconn, and now taxpayers are getting screwed [View all]

Wise folks in WI have been saying this since day one. The fools never listen.



top story
John Nichols: Scott Walker got conned by Foxconn, and now taxpayers are getting screwed



https://host.madison.com/ct/opinion/column/john_nichols/john-nichols-scott-walker-got-conned-by-foxconn-and-now/article_35601cd6-2f31-55a9-bbb8-878ce295dec5.html

By John Nichols 2 hrs ago


Here is what we know about the Foxconn fiasco that Scott Walker and Donald Trump celebrated last week:

Fact No. 1:
Foxconn was initially supposed to cost Wisconsin taxpayers the outrageous sum of $3 billion.

Fact No. 2: Foxconn is now supposed to cost Wisconsin taxpayers as much as $4.5 billion — which, if you’re keeping track, is even more outrageous.

Fact No. 3: Foxconn's first Wisconsin factory, according to the Milwaukee Journal Sentinel, “likely will be smaller than planned.”



Put the pieces together and it is surprising that the sign at the Foxconn groundbreaking event last Thursday wasn’t a message from the Taiwanese corporation reading: “Thank you, suckers.”


The Foxconn deal appears to be in a state of flux.....................................

It is not just critics of Trump and Walker who are raising the alarm. The Wall Street Journal headlined its report last week with an ominous announcement: “As Foxconn Breaks Ground in Wisconsin, the Costs to Taxpayers Go Up.”.............................
..................................
That Walker’s team is seemingly ill-informed may explain why they are so easily duped. But it’s no excuse.

A number of Democratic gubernatorial candidates, including Superintendent of Public Instruction Tony Evers and former state Rep. Kelda Roys, have been doing a good job of calling out the problems with the Foxconn deal. ..........................................




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Walker and Trump break ground for Foxconn plant

President Donald Trump, flanked by Gov. Scott Walker, left, and Foxconn Technology Group CEO Terry Gou, tosses dirt June 28 during a ceremonial groundbreaking for the Foxconn facility in Mount Pleasant. PHOTO BY EVAN VUCCI/ASSOCIATED PRESS


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