Governor Scott Walker recently announced a deal to give away billions in taxpayer dollars to the unreliable tech company Foxconn. He is willing to roll back environmental protections to woo a company known to bail on commitments with other states and countries. Foxconn has a reputation of promising the moon and failing to deliver anything. Statistics show that Foxconn is an extremely unproductive company by American standards and will likely come nowhere near paying the salaries or employment numbers that the GOP is touting, if they follow through at all.
Fuzzy on the details, Walker has no problem eliminating environmental protections and charging the taxpayers of Wisconsin $1,200 per household per job, to bring Foxconn to Wisconsin. This has all the earmarks potentially to be an extremely bad deal for Wisconsin.
Wisconsin currently has a serious budget problem, and we’re looking at the largest budget deficit in state history, yet Walker is offering $3 billion incentive package. Wisconsin doesn’t have $3 billion – so what more gets cut to afford this?
Additionally, what does a deal like this, full of incentives and exemptions, tell an existing company here in Wisconsin, struggling with payrolls of their own.
We have been down this road before − promised jobs with the mine in northern Wisconsin. No mine. No jobs. Governor Walker is so desperate after his jobs promise failure that he is willing to give away the farm without any guarantees.
Instead of telling those with legitimate concerns to go suck lemons, Gov. Walker needs to prove that he isn’t getting Wisconsin suckered into being stuck with a lemon.