Foxconn

Rep. Gordon Hintz - Where will Wisconsin find the workers?

Gordon Hintz

The shiny object in front of lawmakers’ eyes when talking about the Foxconn proposal is the potential of new jobs.  “13,000 direct jobs!  Another 22,000 indirect jobs!”

 

All of these claims ignore the reality in 2017 Wisconsin faces. If the jobs do materialize, where will the workers come from?

 

An Estimated One Billion Dollars Will Be Spent on Foxconn Jobs... for Illinoians

It's very simple math.

Approximately one-third of Foxconn jobs will be filled by people living in Illinois, which means that one-third of the whopping three billion that Wisconsin taxpayers will be spending will be going toward Illinois residents:  One billion.

It also means that every dime Illinois Foxconn workers earn will be spent and taxed in Illinois-- not Wisconsin.

Therefore, if we give Foxconn the benefit of the doubt and assume that all 13,000 jobs will be filled, that's 4,333 jobs for Illinois without spending a dime.

Gordon Hintz statement on Foxconn Cost to Taxpayers

Gordon Hintz

 

Rep. Hintz Statement on Foxconn Cost to Taxpayers

 

MADISON – Today, the non-partisan Legislative Fiscal Bureau released a memo on Governor Walker’s three billion dollar taxpayer funded package for the Taiwanese manufacturer Foxconn.  The memo showed that in the best-case scenario, it will take taxpayers until 2043 to recoup three billion dollars of their investment in the foreign corporation. In response, Rep. Gordon Hintz (D-Oshkosh), a member of the budget-writing Joint Committee on Finance, released the following statement:

Foxconn hearing buries the public

We've been seeing more and more of this throughout the Walker administration - Public hearings that really don't qualify as public hearings. Yesterday's Foxconn bill public hearing was, as is typical now, stacked. Invited spearkers (meaning those in favor of the bill) spoke for eight hours, from 1:30 to 9:30, and then the public was allowed to testify.

"Gold Standard" QCEW Report: Since Walker Took Office, WI Has Lost 240 Manufacturing Establishments

Both Michigan Governor Rick Snyder and Wisconsin Governor Scott Walker were elected in 2010.

Both have made restoring a manufacturing base in their states their stated top priority and in the name of this priority have severely weakened worker, environmental and consumer rights to get there. 

Both have at least one "safety glasses" photo op in a manufacturing plant at least once a week.

League of Conservation Voters - Unnecessary to Sacrifice Natural Resources for Foxconn

Break-Neck into Wisconn Valley

Foxconn Workers

Here we go again - emergency legislation for something that really requires some thought - or at least reading the bill. The Governor has ordered up a special legislative session tomorrow morning to consider the "Foxconn Bill" to offer money, tax breaks, and the ability to run over the environent in Southeast Wisconsin.  Somewhere. We'll figure out all that stuff later, the important thing is to hand everything we can over to Foxconn so we can serve them better. 

You might want to read the attached bill.  I have nothing against bringing jobs to Wisconsin, but this is a mighty cost. Money I can forgive even though I think it's crazy policy in this case. But the destruction of the environment and lack  of accountability will be with us forever. I have little faith that the legislature will manage to pound this into a more acceptable bill, but on the other hand I didn't think the Republicans would not manage to gut the ACA last week - so hope springs eternal. 

All I ask is that we do not have to hand over our eldest child to them as well. But don't hold your breath. And if past experience is worth anything, I suspect we won't really know what has happened till it's too late.

Foxconn: The Hype and the Small Print

Kathleen Vinehout
By
Senator Kathleen Vinehout
 
Great News! A big tech company called Foxconn is coming to southeast Wisconsin and bringing with it a lot of new jobs. The new company will build a big factory and make flat screens for computers.
 
The Governor tells us the company will create 13,000 jobs that pay nearly $54,000. Other businesses will benefit because the company will buy things from Wisconsin businesses.
 
But, as Paul Harvey used to say, “Here’s the Rest of the Story.”

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