Foxconned
2020-10-19 23:10:33.077464+02 by Dan Lyke 0 comments
Really good long read on the debacle that has been Foxconn's much vaunted leeching of public subsidies and destruction of local economies in Wisconsin: The 8th wonder of the world* *wonder not guaranteed:
In 2017, President Donald Trump and the Wisconsin GOP struck a deal with Foxconn that promised to turn Southeastern Wisconsin into a tech manufacturing powerhouse. In exchange for billions in tax subsidies, Foxconn was supposed to build an enormous LCD factory in the tiny village of Mount Pleasant, creating 13,000 jobs. Three years later, the factory — and the jobs — don’t exist, and they probably never will. Inside the empty promises and empty buildings of Wisconn Valley.