The president recently dazzled Wisconsin and its leaders with the possibility of tens of thousands of jobs coming here soon.

That truly would be great.

Foxconn, a Taiwanese manufacturer of Apple’s iPhones and other digital parts and devices, plans to invest $7 billion in an American factory, with an announcement of a location as early as next month.

Wisconsin, Michigan and other states are reportedly in the running, with President Donald Trump saying last week he and Gov. Scott Walker were negotiating to bring a “major, incredible manufacturer” here.

“I think they’re going to give the governor a very happy surprise very soon,” Trump said during a visit to Waukesha County Technical College.

Given the president’s penchant for boastful wishful thinking, state leaders can’t count on thousands of Foxconn jobs coming through. Yet Wisconsin seems well positioned to attract such a company, given its manufacturing base, generous tax breaks, growing technology sector and strong technical and higher education systems.

The Wisconsin Economic Development Corp. (WEDC) should be doing all it can to sell Wisconsin as the perfect place for Foxconn’s ambitious venture.

That said, Wisconsin’s business and political leaders shouldn’t lose sight of how most jobs are created — by small business. Announcing the arrival of a huge employer makes for great headlines and easier re-election campaigns. Yet small businesses account for two-thirds of new jobs. And Wisconsin needs to do a better job of helping homegrown entrepreneurs find investors and global markets for their innovative ideas.

Wisconsin notoriously ranks last in the nation for business startup activity, according to the Ewing Marion Kauffman Foundation. Too often, state leaders shower attention and favors on large, traditional employers, while largely ignoring the needs of startup companies, which have the most potential for job growth.

Landing Foxconn would be a huge victory for Wisconsin workers. But WEDC also must respect taxpayers as it offers Foxconn financial incentives.

When Kraft Heinz announced it was closing its aging Oscar Mayer plant in Madison two years ago, it simultaneously negotiated the construction of a new facility in Iowa — but at a steep price. Iowa’s state and local governments offered more than $20 million in incentives, which was $43,700 per job preserved, not even created.

The Des Moines Register appropriately called the deal “a load of baloney.”

Wisconsin should primarily sell itself to Foxconn for what the state already provides: virtually no state income tax for manufacturers, a strong workforce, and a superb education system.

We hope Trump’s prediction of a “very happy surprise” comes true.

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(5) comments

ou812

cossandra is a tramp

Cassandra

Your drinking is interfering with your typing. And I find it amusing that you have to rely on lame attempts at shaming because you can't refute the fact that Foxconn has a horrific record of abusing its employees. #pathetic

RemoteEmployee

Cassandra: In modern usage her name is employed as a rhetorical device to indicate someone whose accurate prophecies are not believed by those around them.

Thank you, Cassandra for speaking truth. I'm sorry that people don't listen, hear, and understand.

Cassandra

Foxconn is a perfect fit for republicans. The company has a horrific record of abusing its employees.

Clarification

"“I think they’re going to give the governor a very happy surprise very soon,” Trump said during a visit to Waukesha County Technical College." And he'll say exactly the same thing in each state competing for the jobs. Trump always says what you want to hear because it is easier than thinking.

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