And Paul Ryan. And a Republican legislature?
Not to diminish the role Governor Scott Walker and his cabinet played in landing Foxconn — in Speaker Paul Ryan’s congressional district, no less. That’s hard work on the ground and in the trenches. Goodbye, Paul Nehlen. Your 16% in November 2016 was your high-water mark.
And goodbye Andy Gronik, Kathleen Vinehout, and whoever might be thinking about challenging Scott Walker for re-election next year. “A game changer,” is what Speaker Ryan called landing Foxconn for Wisconsin at Wednesday’s White House ceremony. And not just economically.
National cable news coverage of Scott Walker on stage with President Trump, Veep Pence, Speaker Ryan, Sen. RoJo, and Foxconn CEO Terry Gou. Page One coverage in the Wall Street Journal and elsewhere of the state of Wisconsin landing jobs, jobs, and more jobs. Priceless.
The stricken look on liberal faces? Frosting.
Ground could be broken somewhere in Racine or Kenosha Counties during the 2018 campaign season for Foxconn’s $10 billion, 20 million square-foot complex. That is three times the size of the Pentagon. It will open up with 3,000 high-tech manufacturing jobs, perhaps as many as 13,000 eventually. Family supporting jobs? How about $53,900 a year on average? Plus benefits.
“Today we’re announcing the single largest economic development project in the history of Wisconsin and one of the largest in the history of this country,” Walker said. The Taiwan-based company (it owns the Sharp brand) makes flat-panel liquid crystal display (LCD) screens for televisions and automotive info displays. (More here.)
Does anyone in Wisconsin even care about Russia any more?
There’s a reason Wisconsin Democrats have $36,500 in the till and Republicans have $1.7 million. Redistribution, high taxes, identity politics, and no jobs adds up to a tough sell for our liberal-progressive-socialist acquaintances.
- Certainly, Democratic party hitman One Scot Ross will do his best to rain on the parade. He already has. (It’s all a big “con job.”)
- Somehow, Scott Walker is “running scared.” (An actual Capital Times headline and editorial from just a week ago.)
- If only Gov. Walker hadn’t turned down “high-speed” rail, lamented a liberal editor! (“Rail decision may come back to bite Walker & Co.”) Then again, it may not.
- Rep. Gwen Moore, D-Milwaukee, did not want to be “used as a backdrop in this photo op” at the White House, thereby spurning her one possible contribution.
We know it’s supposed to be opinion but shouldn’t it be based on something real? Talk about FAKE NEWS!
One other point: what you think the chances are Foxconn would have located in, say, Illinois or Connecticut or any other liberal-run state that didn’t carry for Donald Trump? BTW: stock markets set another record Wednesday.
28 responses to “Did Donald Trump and Foxconn just re-elect Scott Walker?”
Making America great again one state at a time.
If Foxconn works out, they hire all those new folks, and the pay is that good, I’m happy for everyone. But once this big show is up and running we should all be informed of how much it cost the taxpayers per job, and the overall benefits to the state and local taxpayers. None of should just stand by and let WEDC et al steal our tax dollar without a fight.
Deferred taxes cost nothing. Payroll adds value.
Unless, of course, your point of departure is that everything belongs to the government.
Just so you all can keep track. Don’t want to confuse this project with G-TAC.
Source: Milw JS
At $3 billion for 13,000 jobs, the Wisconsin deal would cost $231,000 per job. The subsidies would total more than the combined yearly state funding used to operate the University of Wisconsin System and the state’s prison system.
The company would have to meet certain job and investment targets up front to get the money, which would include up to $1.5 billion in state income tax credits for jobs created, up to $1.35 billion in credits for capital investment and up to $150 million in sales tax exemptions on construction materials.
In addition, like other manufacturers in Wisconsin, Foxconn would pay no corporate taxes on profits from sales on products made here.
The incentives would cost the state about $200 million a year, but Foxconn’s payroll in Wisconsin could reach $700 million a year, Walker’s office said.
Over 235000 jobs have been filled since January 2011. Thank you Scott Walker
Keep On Keeping On.
bal:
Thanks for the conformation that walker didn’t, and hasn’t, met his 250000 new jobs by 2015 pledge. And using your numbers and the proposed Foxconn operation he still won’t in 2018.
Old Baldy, how many jobs have your beloved Minnesota filled during that time frame. looks like only 180000 or so. Heck Illinois had only filled around 280000 jobs, That is a state with how many more people. just saying, Wisconsin will finally get to 250000 filled before the end of the year.
bal:
Last I looked walker wasn’t the governor of MN. As long as you brought up MN, take a look at the median income and average wage growth there compared to WI during the same period.
Someone get Elizabeth Warren to determine who built this.
Also bring Barack Obama so he could learn to grow an economy instead of a government.
This would make a total of two Harvard grads who learned which end of a shovel to use.
splat:
If all reports are true the taxpayers of WI will have built and paid for Foxconn. And in case your alternative facts don’t reflect reality, the economy grew for 75 consecutive months under Obama. And trump is taking credit for that success.
How did Obama do that OB? By adding $9 thousand billion to our debt? By crony welfare to Solyndra? By his $800 million Stimulous that rebuilt our infrastructure? By quadrupling the cost of mandatory health insurance that made it too expensive to hire fte’s?
He governed 8 years never once attaining 3% growth except for his bureaucracy.
Pitiful.
splat:
Boy, the fact that Obama over performed his predecessor on the economy, didn’t start any unfunded wars, and got 75+ months of economic growth really bugs you, doesn’t it? But it’s OK for walker and WEDC to give 3 BILLION to attract Foxconn? So many hypocrites, so little time.
PS: WI benefited from the stimulus $$ in the form of roads and bridges that were “shovel ready” and were built using stimulus dollars. You can look that up.
PS2: Solyndra was a Bush era deal.
PS3: 3% looks pretty good right now for any interest return. Sure a lot better than 2008.
http://www.greenbaypressgazette.com/story/news/investigations/2017/07/26/foxconn-banned-selling-its-computers-wisconsin/504969001/
Page me when they break ground. https://www.washingtonpost.com/business/economy/how-foxconns-broken-pledges-in-pennsylvania-cast-doubt-on-trumps-jobs-plan/2017/03/03/0189f3de-ee3a-11e6-9973-c5efb7ccfb0d_story.html?utm_term=.5f55dd0c4e43
“Does anyone in Wisconsin even care about Russia anymore?” Do you mean, “Does anyone in AMERICA (except for sour-grapes liberals) care about Russia anymore?” I’m astonished that a few of the members of the “mainstream” media were able to tear themselves away from their marathon circle-jerk over Trump and the Russians long enough to report the Foxconn story.
Great letters to the editor, btw. Including today’s.
>
So what kind of jobs are they and what do they PAY ?
Ballsy,
You almost went 12 hrs. being happy for everyone before you reverted to your natural demeanor. Then quickly got to delusion (Solyndra not being such a bone headed move it took Obama and his best and brightest to make it.)
Those Foxconn grapes are probably sour. Huh?
Fox News played Obama’s criticism of Trump before the election saying ‘Trump says he’s gonna bring back manufacturing jobs but he doesn’t say how. I’m telling you those jobs aren’t coming back.’
Few weeks ago Samsung announced a $328M plant in Newberry SC.
We are not tired of winning.
[…] goes to the source of this photo, and it’s worth your […]
Hey I just heard GM is going to invest 10 billion back into Janesville, and will need to have 3 billion in tax incentives to get it off the ground. You bet Old Baldy would be all for Government Motors back in Wisconsin and tax credits to get it done. Only Reason, those are Union Jobs that FoxxConn will not be Union jobs.
Although they will be hiring plenty of union workers to build roads, electricians, steel workers, HVAC, steam fitters to get this off the ground. but but no Choo Choo train builders…..
I thought you conservatives were all against corporate welfare, handouts and subsidies. Why the change of heart? At $231000/job you could help out a lot of mom and pop businesses all over the state.
There are none so blind….
It never fails. If you want to talk about Social Security, health care or any other social concern, the only perspective that liberals will discuss is the quality delivered. It is considered gauche to talk about how much the programs cost taxpayers. But as soon as the Foxconn deal is signed, there is no greater concern than how much taxpayers will pay in the form of tax incentives. And that is despite the fact that each of these 13,000 jobs will average over $54,000 per year, apiece, for who knows how many years. The WSJ even complains that Foxconn is not a small business and we all know that small business creates most new jobs. Yes, that’s true, but don’t you think an extra 13,000 consumers making $54,000 per year will create some pretty powerful incentives to start a small business? And by the way, those 13,000 people will be paying income tax, sales tax and property taxes just like the rest of us. These jobs will not exist in a vacuum.
Poor Old Baldy, Exactly as I thought, you are against job creators and helping people get jobs. Again 3 billion over 10 years in tax credits. They do not get the credits unless they fulfill their end of the bargain. So were you against the Epic in Verona getting huge tax credits to build their opulent campus.
This is a huge day for Wisconsin. Republicans look how big of economic impact this will have for the state. Democrats are looking at how do we get in on the action, how do we organize, stifle and get a piece of this money making business by not doing anything. Democrats are most mad because the jobs will certainly not be Union positions so they cannot get automated kickbacks from Union Heads at election time.
Please go ask everyone of those that will be directly impacted by being employed and earning money if this is a bad deal for Wisconsin. They are yelling out their windows, “We are mad as hell and we aren’t going to take it anymore.”
Scott Walker will complete 16 years as Governor of Wisconsin. Yes you read it here. He will be Governor as long as he wants the job. Republicans will get to redraw district maps again.
bal:
Epic didn’t get that kind of money. Poor try at diversion. I’m not against job creation per se, but you conservatives are always harping about corporate welfare, uneven playing fields, picking the winners and losers, but you are OK with it because of who is doing the picking.
If Foxconn turns out to be what it claims it will be, then that is a great project. But so far in other locations they have a horrible track record for keeping promises, and it just seems hypocritical for all the conservatives not to take a little better look at the proposal.
Now I’ll take a little from the right wing playbook and state: I live in the northern part of the state. Foxconn will benefit me not one iota, so why do I have to help pay for it?