Walker-Trump Foxconn world wonder to flounder for years
While people are rightly focused on ballot tallies and COVID counts, let's not forget some other important numbers:
The billions in public funds pledged or spent to help develop Foxconn's
faux-blighted rural Mt. Pleasant site.
Which has already helped create a major new electrical power line, access to Great Lakes water, and miles of new roads across some of GOP Assembly Speaker Vos's district - all so what Donald Trump called "the eighth wonder of the world" -
- would produce big whiz-bang flat panel electronics made by some of the 13,000 high-paid/high-tech workers Scott Walker said would turn bulldozed Racine County homesteads and cabbage fields into a Wisconsin-based Silicon Valley.
And while there have been reports about ventilators, masks, server components and airport coffee kiosks in various stages of planning or production there, there are no big flat panel devices being made in Foxconn's now-completed-but scaled-back main building which is what the whole deal was based on.
Which is why the company's relatively few hires didn't quality in 2019 for any of the whopping state tax credits which Walker and the Legislature had quickly approved.
Foxconn not expect to meet hiring goals in next 3 years
The Department of Administration’s projection came in its budget request for the fiscal years 2022 and 2023.
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