Andy Gronik
Press Release

Andy Gronik Statement on Gov. Scott Walker’s Re-Election Foxconn Hail Mary

"Walker is supposed to be negotiating on behalf of Wisconsinites and not on behalf of his new buddy Taiwanese billionaire Gau."

By - Nov 10th, 2017 04:56 pm

MILWAUKEE – After Governor Walker signed the largest taxpayer giveaway by a state to a foreign corporation in our country’s history, gubernatorial candidate Andy Gronik released the following statement:

“Governor Scott Walker and his Wisconsin Department of Economic Development (“WEDC”) are playing a brilliant shell game with the money of hardworking Wisconsin taxpayers. It’s insulting that the numbers presented in the contract are done to give the deal better optics when in the real world Foxconn could be rewarded for doing much less.

“But the most troubling part of the deal is that the very first question that should have been answered by Walker and his team of economic strategists was, ‘Is Foxconn’s business plan feasible and does it make sense for Wisconsin?’ There is no information available to the public to suggest any efforts on the part of the Walker administration to do an independent feasibility analysis that did not blindly accept the projections offered by Foxconn.

“To my knowledge, we still don’t know if making liquid-crystal display (LCD) panels in Southeastern Wisconsin is financially feasible for Foxconn and what the real consequences are for Wisconsin if our Governor’s hail mary gamble doesn’t pay off. Anyone considering financing a high-risk loan like this one should independently analyze the viability of the plan and its likelihood of success. It appears none of that has been done here.

“From the perspective of Wisconsin taxpayers, we should be closely considering both the known consequences of doing the deal with Foxconn as well as the unintended consequences. Simply put, a Foxconn failure would be disastrous for Wisconsin and set us back by decades.

“Walker is supposed to be negotiating on behalf of Wisconsinites and not on behalf of his new buddy Taiwanese billionaire Gau. But it’s clear that while taxpayers are signing Walker’s paychecks, someone else may be funding his re-election campaign. It’s time for Walker to go! Wisconsinites, I’ll have your back.”

Mentioned in This Press Release

Recent Press Releases by Andy Gronik

Gov. Scott Walker’s Foxconn Deal Widely Unpopular Amongst Wisconsinites

"Wisconsinites are too smart for this shell game Governor Walker is playing."

Andy Gronik Urges WEDC To Release Foxconn Contract Details Before Vote, Collect Public Feedback

Defaulted loans by Kestrel Aircraft serve as a cautionary tale as WEDC negotiates most massive taxpayer-backed corporate incentive deal in U.S. History

One thought on “Andy Gronik Statement on Gov. Scott Walker’s Re-Election Foxconn Hail Mary”

  1. will says:

    Thanks for the article on this scam we call Foxconn. This taiwanese company right now is building the same size plant in China. If we do not compete with over build business and these TVS become obsolete in 2 to 3 years or the company sells or closes it’s doors in the very near future, Wisconsin taxpayers are screwed for generations. Some rural counties don’t even have enough money to fill potholes. Every Wisconsin taxpayer should drive by the emence empty Motorola plant just over the border in Illinois. This massive plant built to house 15,000 workers not that long ago is rotting from inside out and out side in. I will travel there to put photos of another taxpayer nightmare. Wisconsin has been had by a college dropout career governor Walker. This foreign company has no laws to pollute at will and then leave the taxpayers to pay for the clean up. Wisconsin stop this crazy GOP dictator government.

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