Scott Walker screwed the citizens of Wisconsin when pushing this deal, knowing it would be no where near the promised levels of job creation. He further crapped on the citizenry by hamstringing the incoming administration. Petty ass politician didn't give a crap about the people he was supposed to represent. But at least he owned the Dems, so it wasn't a total loss. /s
The “Dems” would have fallen for it too. Both parties are in lock step when it comes to this sort of chicanery. Promise a chicken in every pot, as the old saying goes. And let’s not forget the current trashcan Mac Pro is “assembled” in the U.S. so Apple can claim it manufactures here. Don’t pay any attention to that man behind the curtain, the Wizard of OZ said to Dorothy.
Very true, most people in politic are there because they can not do anything else. Where else can you get paid to be wrong most of the time and never be held accountable for actually doing good things, yeah you can vote them out but they just show up somewhere else as an elected official. It always a decision of lesser of the two evils, and vote the devil you already know.
There are few politicians who worked in the real world, and have an idea, but they usually can not get anything done because the people around them are clueless and they can not be fired. It is like giving the best business minds a company with the best potential in the world and telling them all you need to do is get the ship heading in the right direct and it will be great, oh by the way, you can not fire anyone, and if someone leaves you can only hire someone who is no better than the average person in the company. How do you think that will turn out.
This has Donald's cheese-burger-greasy finger all over it.
He kills any good will with China and Taiwan (where Foxconn is located) and deals are aborted.
I hope Trumpers take note. He is killing the Earth, and is a deal-breaker, not deal-maker.
China is out to destroy us, maybe not military (but may so) but for sure economically. China shows us no good will that doesn't benefit them 10x more. China is our enemy and they are truly the ones killing the earth. It amazes me when Americans put China above the US just to spite Trump.
This has Donald's cheese-burger-greasy finger all over it.
He kills any good will with China and Taiwan (where Foxconn is located) and deals are aborted.
I hope Trumpers take note. He is killing the Earth, and is a deal-breaker, not deal-maker.
China is out to destroy us, maybe not military (but may so) but for sure economically. China shows us no good will that doesn't benefit them 10x more. China is our enemy and they are truly the ones killing the earth. It amazes me when Americans put China above the US just to spite Trump.
I know this may not seem important to most people, you realize Taiwan is not really China, yes China makes claim to them, but Taiwan operated independent of China, As such Foxconn is a Taiwan company, and as many companies they set up operations in China. Foxconn setting up in the US most likely does not have Chinese puppet masters pulling strings. Foxconn was operating in Taiwan longer before they entered China and they been a contract manufacturer for US companies for almost as long.
lkrupp said: Manufacturing is NOT coming back to America, at least not the kind that produces lots of good paying jobs. Why can’t we get this through our thick skulls? We fall for the dog and pony show every time some company waves the “JOBS” flag in our faces.
You don't need manufacturing jobs to come back in the near term with the amount of infrastructure building that this country needs.
apple ][ said: Trump is doing a great job, way better than the impotent bum who came before him.
The "impotent bum" who helped turn around the 2008 collapse and gave Trump a booming economy in return?
Good thing the ACA covered Viagra!
The 2008 collapse would have naturally worked it way out (once the foreclosures were done) just like every other recession we've been through. He did nothing special to quicken the natural recovery. Btw, Bush inherited the dot com collapse from Clinton and did just fine his first 7 yrs.
This has Donald's cheese-burger-greasy finger all over it.
He kills any good will with China and Taiwan (where Foxconn is located) and deals are aborted.
I hope Trumpers take note. He is killing the Earth, and is a deal-breaker, not deal-maker.
China is out to destroy us, maybe not military (but may so) but for sure economically. China shows us no good will that doesn't benefit them 10x more. China is our enemy and they are truly the ones killing the earth. It amazes me when Americans put China above the US just to spite Trump.
I know this may not seem important to most people, you realize Taiwan is not really China, yes China makes claim to them, but Taiwan operated independent of China, As such Foxconn is a Taiwan company, and as many companies they set up operations in China. Foxconn setting up in the US most likely does not have Chinese puppet masters pulling strings. Foxconn was operating in Taiwan longer before they entered China and they been a contract manufacturer for US companies for almost as long.
Yes, I know Taiwan is not part of China (maybe de jure but not de facto). I was referring to the post by stevenoz who said "He kills any good will with China..."
Scott Walker screwed the citizens of Wisconsin when pushing this deal, knowing it would be no where near the promised levels of job creation. He further crapped on the citizenry by hamstringing the incoming administration. Petty ass politician didn't give a crap about the people he was supposed to represent. But at least he owned the Dems, so it wasn't a total loss. /s
Kinda like Solyndra. Oh wait, we don't talk about that because that was a democrat screw up.
We probably don't talk about Solyndra because this is an article about Foxconn, Wisconsin, and Scott Walker's screw up. But hey, if you want to deflect to Solyndra, nobody's gonna stop you.
The article is about Foxconn and the comments are about gov't subsidies to corporations and how Republicans are at fault pointing to Foxconn and Amazon. I'm pointing out it happened under Obama's watch too. I noticed whenever someone brings up something you don't like, it's "deflecting". I see that consistently here, twitter, and other comment boards.
When all you can do is try to point elsewhere, it's deflecting. If you address me with it, I call it out. I can 100% guarantee if I claimed someone was deflecting, they were. My comment history here is open. Anyone can judge the truthfulness of that statement. It has nothing to do with me disagreeing with a differing opinion. If you can't discuss a topic without trying to lay blame elsewhere as if "they did it too" is some sort of valid rebuttal, I can't help you. I think it's lazy and unimaginative. The fact that you misread my comment says to me that you spent more time trying to point elsewhere than you did trying to understand what you were reading. Oh, and you're a liar. I use twitter to sign into websites. In the entire time I've had that account, I have made exactly 12 tweets. None of them discuss deflection, because no one was deflecting.
Reminds me of the Amazon boondoggle in New York that was going to cost taxpayers $48,000 per job in subsidies. Some think it is up to the taxpayers to pay for a corporation's costs. I am on the left side of that fence.
It's subsidies, a tax break.
Now the city will have lost many billions in tax revenue and many tens of thousands of lost jobs thanks to idiot politicians like that dumb bartender from the Bronx, AOC, who actually thought that there was millions of dollars lying around someplace that the city has now saved and can now be spent on other projects. You can't fix stupid.
If you're going to call someone else stupid, maybe you should get your facts straight first:
Here’s how the HQ2 incentives were going to break down For the Long Island City location, Amazon was going to receive $1.2 billion in refundable tax credits through New York State’s Excelsior Jobs Program if the company created 25,000 net new jobs in New York State by the end of June 2028. New York State had also promised a $505 million capital grant to reimburse Amazon for the costs associated with building its office space. Amazon also planned to take advantage of incentives through New York City’s Industrial and Commercial Abatement Program and New York City’s Relocation and Employment Assistance Program (REAP). Unlike the incentive offered by state officials, these city programs are available to any businesses that meet their specific requirements. Tax breaks through REAP, for instance, could have added up to $900 million.
A $505 capital grant to pay Amazon back for building its office is literally money that could be used for something else. Whether you agree or not that it's absurd to be throwing half a billion in cash and another 2.5 billion in tax incentives at a giant megacorp like Amazon and pointing out other communities and infrastructure that could use those funds and tax breaks, misrepresenting what she said while literally getting the facts wrong yourself isn't helping your argument.
I certainly concur with Lkrupp’s view that a Democratic governor might have fallen for a similar deal, though Scott Walker was an especially corrupt, morally bankrupt, and unfit Republican governor who made doubly sure on his way out that the incoming (Democratic) governor could not get details or reverse Foxconn’s scam, so ... the two parties, it should need saying, are not really the same. As for mishandling a deal, we don’t have to refer back to the very minor fail of Solyndra — we have examples under Cook to look at.
All that said, the point is that we’ve got to stop giving huge tax breaks, land, and other incentives to corporations based on pieces of paper. Incentives are fine, but they need to kick in after the promised jobs and pay rates and regulation compliance are proven, not before (as Eriamjh sagely noted). This needs to be a national law, so that corrupt politicians can’t override it courtesy of an equally-corrupt state legislature. And while I’m on the topic, governors who screw taxpayers should be liable for lawsuits and jail time — like the one who poisoned Flint Michigan’s water, or Scott Walker for almost innumerable criminal acts.
Governments should be especially skeptical of companies that promise loads of good-paying manufacturing jobs, because that isn’t happening — anywhere. Bear in mind that “good paying” in say rural China has a very different meaning than it does in the US/Canada. Foxconn is used to paying people in manufacturing about $300/month in US dollars; they were never going to make even $15/hour (the bare minimum I’d say) work, and Walker was an idiot to fall for that.
A $505 capital grant to pay Amazon back for building its office is literally money that could be used for something else. Whether you agree or not that it's absurd to be throwing half a billion in cash and another 2.5 billion in tax incentives at a giant megacorp like Amazon and pointing out other communities and infrastructure that could use those funds and tax breaks, misrepresenting what she said while literally getting the facts wrong yourself isn't helping your argument.
A few lousy million is irrelevant, when there is now many tens of billions of dollars of lost tax revenue that will never benefit the city.
She is dumb alright, just like her laughable and stupid green new deal.
Her own tweets on the matter speak for themselves and she is totally clueless about economics, finance and knowledge in general. I like her as the face of the democrat party though, they should promote her even more.
A $505 capital grant to pay Amazon back for building its office is literally money that could be used for something else. Whether you agree or not that it's absurd to be throwing half a billion in cash and another 2.5 billion in tax incentives at a giant megacorp like Amazon and pointing out other communities and infrastructure that could use those funds and tax breaks, misrepresenting what she said while literally getting the facts wrong yourself isn't helping your argument.
A few lousy million is irrelevant, when there is now many tens of billions of dollars of lost tax revenue that will never benefit the city.
She is dumb alright, just like her laughable and stupid green new deal.
Her own tweets on the matter speak for themselves and she is totally clueless about economics, finance and knowledge in general. I like her as the face of the democrat party though, they should promote her even more.
If it's irrelevant, then why did you make it sound like there was no liquid capital coming from the city? If it's irrelevant, then why did Bezos pull the deal? If it's irrelevant, then why did they offer it to a trillion-dollar company? There's no reason we should be giving handouts to giant corporations, Amazon sure as hell doesn't need it.
As for AOC, okay sure. She did graduate in the top of her class and majored in economics and international relations, but yeah "knowledge in general". They don't need to promote her, she's getting plenty of attention already. Fox News literally can't stop talking about her. Of course, not without taking quotes out of context and misrepresenting her message. As far as the GND, I'm gonna wager you think she wants to ban hamburgers and that nobody will be able to watch TV because they can't run on solar power at night or wind power when it's not windy.
Another example of the insanity of government driven economic development projects. The government does not have the skills to select and invest in businesses. Reduce taxes for every business not just the cherry picked corporate welfare recipients.
Plus i think the reduced sales of the iPhone may have influenced Foxconn’s decision to reduce the size of this project.
Creating 13000 jobs is a massive undertaking. That many jobs in the US manufacturing electronics seems like fantasy to me. No need to manufacture electronics in the US unless there’s a 50% tariff on those goods coming into the US.
I am neither for against any president or governor in this post, but I think it's very relevant to share this link where the President talks about and with someone from FOXCONN about the new Wisconsin plant:
Scott Walker screwed the citizens of Wisconsin when pushing this deal, knowing it would be no where near the promised levels of job creation. He further crapped on the citizenry by hamstringing the incoming administration. Petty ass politician didn't give a crap about the people he was supposed to represent. But at least he owned the Dems, so it wasn't a total loss. /s
Kinda like Solyndra. Oh wait, we don't talk about that because that was a democrat screw up.
We probably don't talk about Solyndra because this is an article about Foxconn, Wisconsin, and Scott Walker's screw up. But hey, if you want to deflect to Solyndra, nobody's gonna stop you.
The article is about Foxconn and the comments are about gov't subsidies to corporations and how Republicans are at fault pointing to Foxconn and Amazon. I'm pointing out it happened under Obama's watch too. I noticed whenever someone brings up something you don't like, it's "deflecting". I see that consistently here, twitter, and other comment boards.
When all you can do is try to point elsewhere, it's deflecting. If you address me with it, I call it out. I can 100% guarantee if I claimed someone was deflecting, they were. My comment history here is open. Anyone can judge the truthfulness of that statement. It has nothing to do with me disagreeing with a differing opinion. If you can't discuss a topic without trying to lay blame elsewhere as if "they did it too" is some sort of valid rebuttal, I can't help you. I think it's lazy and unimaginative. The fact that you misread my comment says to me that you spent more time trying to point elsewhere than you did trying to understand what you were reading. Oh, and you're a liar. I use twitter to sign into websites. In the entire time I've had that account, I have made exactly 12 tweets. None of them discuss deflection, because no one was deflecting.
My comments were on topic, I wasn't pointing elsewhere. I didn't know you were the decider of the scope of all topics. I love the "I can 100% guarantee if I claimed someone was deflecting, they were." so you got a PhD in deflecting? You're the ultimate defection decider? What a joke.
I certainly am not going to read your comment history - I couldn't care less.
No where did I say YOU discuss deflection on twitter, how would I even know who you are on there? I said I noticed a lot on twitter if people don't like what you say they immediately say you're deflecting.
Reminds me of the Amazon boondoggle in New York that was going to cost taxpayers $48,000 per job in subsidies. Some think it is up to the taxpayers to pay for a corporation's costs. I am on the left side of that fence.
It's subsidies, a tax break.
Now the city will have lost many billions in tax revenue and many tens of thousands of lost jobs thanks to idiot politicians like that dumb bartender from the Bronx, AOC, who actually thought that there was millions of dollars lying around someplace that the city has now saved and can now be spent on other projects. You can't fix stupid.
If you're going to call someone else stupid, maybe you should get your facts straight first:
Here’s how the HQ2 incentives were going to break down For the Long Island City location, Amazon was going to receive $1.2 billion in refundable tax credits through New York State’s Excelsior Jobs Program if the company created 25,000 net new jobs in New York State by the end of June 2028. New York State had also promised a $505 million capital grant to reimburse Amazon for the costs associated with building its office space. Amazon also planned to take advantage of incentives through New York City’s Industrial and Commercial Abatement Program and New York City’s Relocation and Employment Assistance Program (REAP). Unlike the incentive offered by state officials, these city programs are available to any businesses that meet their specific requirements. Tax breaks through REAP, for instance, could have added up to $900 million.
A $505 capital grant to pay Amazon back for building its office is literally money that could be used for something else. Whether you agree or not that it's absurd to be throwing half a billion in cash and another 2.5 billion in tax incentives at a giant megacorp like Amazon and pointing out other communities and infrastructure that could use those funds and tax breaks, misrepresenting what she said while literally getting the facts wrong yourself isn't helping your argument.
A $505M investment that would return many many billions for many many years is a sound investment. What else should they spend it on? Housing for the homeless for a year? California was ready to spend $200B for a crazy train that would have little benefit or return (but we could say we're just like Europe now). NY lost big.
Comments
Very true, most people in politic are there because they can not do anything else. Where else can you get paid to be wrong most of the time and never be held accountable for actually doing good things, yeah you can vote them out but they just show up somewhere else as an elected official. It always a decision of lesser of the two evils, and vote the devil you already know.
There are few politicians who worked in the real world, and have an idea, but they usually can not get anything done because the people around them are clueless and they can not be fired. It is like giving the best business minds a company with the best potential in the world and telling them all you need to do is get the ship heading in the right direct and it will be great, oh by the way, you can not fire anyone, and if someone leaves you can only hire someone who is no better than the average person in the company. How do you think that will turn out.
Good thing the ACA covered Viagra!
A $505 capital grant to pay Amazon back for building its office is literally money that could be used for something else. Whether you agree or not that it's absurd to be throwing half a billion in cash and another 2.5 billion in tax incentives at a giant megacorp like Amazon and pointing out other communities and infrastructure that could use those funds and tax breaks, misrepresenting what she said while literally getting the facts wrong yourself isn't helping your argument.
All that said, the point is that we’ve got to stop giving huge tax breaks, land, and other incentives to corporations based on pieces of paper. Incentives are fine, but they need to kick in after the promised jobs and pay rates and regulation compliance are proven, not before (as Eriamjh sagely noted). This needs to be a national law, so that corrupt politicians can’t override it courtesy of an equally-corrupt state legislature. And while I’m on the topic, governors who screw taxpayers should be liable for lawsuits and jail time — like the one who poisoned Flint Michigan’s water, or Scott Walker for almost innumerable criminal acts.
Governments should be especially skeptical of companies that promise loads of good-paying manufacturing jobs, because that isn’t happening — anywhere. Bear in mind that “good paying” in say rural China has a very different meaning than it does in the US/Canada. Foxconn is used to paying people in manufacturing about $300/month in US dollars; they were never going to make even $15/hour (the bare minimum I’d say) work, and Walker was an idiot to fall for that.
She is dumb alright, just like her laughable and stupid green new deal.
Her own tweets on the matter speak for themselves and she is totally clueless about economics, finance and knowledge in general. I like her as the face of the democrat party though, they should promote her even more.
As for AOC, okay sure. She did graduate in the top of her class and majored in economics and international relations, but yeah "knowledge in general". They don't need to promote her, she's getting plenty of attention already. Fox News literally can't stop talking about her. Of course, not without taking quotes out of context and misrepresenting her message. As far as the GND, I'm gonna wager you think she wants to ban hamburgers and that nobody will be able to watch TV because they can't run on solar power at night or wind power when it's not windy.
Plus i think the reduced sales of the iPhone may have influenced Foxconn’s decision to reduce the size of this project.
Creating 13000 jobs is a massive undertaking. That many jobs in the US manufacturing electronics seems like fantasy to me. No need to manufacture electronics in the US unless there’s a 50% tariff on those goods coming into the US.
I certainly am not going to read your comment history - I couldn't care less.
No where did I say YOU discuss deflection on twitter, how would I even know who you are on there? I said I noticed a lot on twitter if people don't like what you say they immediately say you're deflecting.
A $505M investment that would return many many billions for many many years is a sound investment. What else should they spend it on? Housing for the homeless for a year? California was ready to spend $200B for a crazy train that would have little benefit or return (but we could say we're just like Europe now). NY lost big.