Will State Get Conned by Foxconn?
Could cost billions, but still unknown is how many jobs, the pay, how deal enforced.
“They extract everything they can.”
That’s one expert’s description of how Foxconn, a Taiwanese-based manufacturer of consumer electronics, approaches negotiations over incentives to lure its facilities.
With Wisconsin being targeted for a new Foxconn manufacturing plant, and Gov. Scott Walker in full re-election mode with a desperate need for new talking points to explain away his now 7-year-old unfulfilled promise to create 250,000 jobs in four years, the pump is primed to mortgage our state’s future for Walker’s short-term political gain.