Remember the big Foxconn project in Wisconsin that Trump and Scott Walker bragged would bring so many jobs to the state? There was going to be a $10 billion Taiwanese corporate investment, a 20-million square foot manufacturing complex would be built that would provide 13,000 new jobs, and so forth. Well, (surprise!), it never happened:
"The renovations never arrived. Neither did the factory, the tech campus, nor the thousands of jobs. Interviews with 19 employees and dozens of others involved with the project, as well as thousands of pages of public documents, reveal a project that has defaulted on almost every promise. The building Foxconn calls an LCD factory — about 1/20th the size of the original plan — is little more than an empty shell. In September, Foxconn received a permit to change its intended use from manufacturing to storage.
Even the handful of jobs the company claims to have created are less than real: many of them held by people with nothing to do, hired so the company could reach the number required for it to get tax subsidy payments from Wisconsin. Foxconn failed at that objective, too: last week, Wisconsin rejected the company’s subsidy application and found it had employed only 281 people eligible under the contract at the end of 2019. Many have since been laid off."
Welcome to Trump (and GOP) World - lots of empty promises and wasted money that just goes to fatten the corporate bottom line and boost pay for the executives.
Link:
https://www.theverge.com/21509874/behind-foxconn