Wisconsin’s Fire Sale for Big Business


Wisconsin’s Fire Sale for Big Business


By THE NEW YORK TIMES EDITORIAL BOARD:

Gov. Scott Walker had already reached desperate levels of generosity to entice a big electronics company to locate in Wisconsin. Last summer, the governor agreed to an eye-popping $3 billion in state subsidies to secure the arrival of Foxconn, a global manufacturer of flat-panel display screens. That amounts to an annual state subsidy (that is, taxpayer money) of $15,000 to $19,000 per promised job — more than five times the typical subsidy, according to job development specialists.

But wait, there’s more, as TV hucksters say: To make it easier for this Taiwanese company to build what is promised as one of the largest economic development projects in United States history — a $10 billion operation supposedly three times as large as the Pentagon — the company will be exempt from the state environmental requirements that other companies have to follow...    ...more

Ken Notes: Remember when we were know nationally for bipartisan environmental excellence???

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- - Volume: 5 - WEEK: 50 Date: 12/11/2017 8:58:08 AM -