In the article, Louis ("Thank you Mr. Foxconn") Woo says it is too expensive to make products in the US.
TOO EXPENSIVE? At $14.25 an hour and after massive subsidies and infrastructure paid for by Wisconsin taxpayers? What kind of horrid business model are they running?
But hey, Scott Walker's donors in the construction industry got some nice kickbacks for this white elephant. And Robbin' Vos sure got a lot of highway pork in his district that the rest of us paid for.
And if Foxconn,hires 400 people this year "associated with the project" that could work anyone else, then they get over $200 mil for the facility and the jobs.
Or more, as the Wisconsin Budget Project's Tamarine Cornelius tells us
But the other type of subsidy is based on capital investments Foxconn makes in things like equipment and buildings. Foxconn may hire as little as 25% of the workforce originally envisioned and still get the maximum capital investment subsidy.— Tamarine Cornelius (@Tamarine608) January 30, 2019
I'll talk more later, when my laptop unfreezes.