$4.5 Billion For Bogus Job Promises: Scott Walker’s Foxconn Con Has Wisconsin Angry
By Matthew Chapman Raw Story (9/2/20) On Wednesday, Crain’s Chicago Business analyzed the floundering remnants of the deal, once touted by President Donald Trump, to build a Foxconn electronics factory in southern Wisconsin — not far from the city of Kenosha, where a police shooting and racial injustice have recently defined the national conversation. “With the help of $4.5 billion in state subsidies—more than Wisconsin spends on its state university system and prisons together each year — along with rolled-back environmental regulations, the CEO, Terry Gou, promised jobs for 13,000 new workers eventually. Total Foxconn investment: $10 billion or more,” wrote H. Lee…
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