search
Sections List
American Journal News

GOP governor offers $3 billion bribe to shady corporation to boost Trump's jobs numbers

In the midst of a series of failures and embarrassments for the Republican Party, Donald Trump is now proclaiming a new economic accomplishment. Foxconn, a Taiwanese electronics manufacturer that supplies the screens used in Apple products, has announced plans to build a plant in Wisconsin. The move comes after Trump and Jared Kushner met with […]

By Matthew Chapman - July 31, 2017
Share
Gov. Scott Walker is spending taxpayers' dollars to make Trump look good
Gov. Scott Walker is spending taxpayers' dollars to make Trump look good

In the midst of a series of failures and embarrassments for the Republican Party, Donald Trump is now proclaiming a new economic accomplishment.

Foxconn, a Taiwanese electronics manufacturer that supplies the screens used in Apple products, has announced plans to build a plant in Wisconsin. The move comes after Trump and Jared Kushner met with the Foxconn chairman Terry Guo, and the state’s Republican governor, Scott Walker, pledged $3 billion in tax credits upon completion of the facility.

Media outlets are calling it a “much-needed win” for Trump and Walker. Trump took a victory lap, saying, “[I]f I didn’t get elected, [Guo] definitely wouldn’t be spending $10 billion dollars.”

This deal sounds great on the surface. But on closer inspection, it looks less like a jobs deal and more like a taxpayer-funded bribe.

Foxconn has pledged the plant will create 3,000 jobs up front and 13,000 jobs in total. Even if the company meets that projection — and historically, Foxconn has wildly inflated its job creation promises — that would mean Wisconsin is paying over $230,000 for each $54,000 job.

And that is not all. Fortune reports Walker is trying to exempt Foxconn from several state environmental regulations:

The bill Walker unveiled Friday would allow Foxconn, without permits, to discharge dredged materials, fill wetlands, change the course of streams, build artificial bodies of water that connect with natural waterways and build on a riverbed or lakebed.

Foxconn would also be exempt from having to create a state environmental impact statement, something required for much smaller projects.

On top of everything, these inducements are directed at a company with a track record of horrifically mistreating workers.

All things considered, this is a massively raw deal. It is not so much a legitimate jobs plan as it is a huge payoff to make it look as if Trump and his fellow Republicans are accomplishing something.

Such a deal is par for the course for Trump, who in December took credit after Mike Pence, in his role as Indiana’s governor at the time, gave $7 million in tax cuts to Carrier to “save” 1,100 Indiana manufacturing jobs from going to Mexico. Carrier later laid off more than half of those jobs anyway.

Trump has long promised he would enact punitive taxes against companies that make products overseas, but as president, he has done the exact opposite, bribing foreign or outsourced manufacturers to make shallow, token gestures of American employment.

The Foxconn deal is essentially the same as every other aspect of Trump’s brand and presidency — a massive ripoff sold with hype and bombast.


AJ News
Get the latest news here first.

Tai News

Newsletter
Read More
Biden campaign pivots to focus on healthcare

Biden campaign pivots to focus on healthcare

By Kim Lyons - November 30, 2023
U.S. Sen. Tim Scott drops out of 2024 presidential race

U.S. Sen. Tim Scott drops out of 2024 presidential race

By Robin Opsahl - November 13, 2023
Biden infrastructure law helps Pennsylvania’s small manufacturers

Biden infrastructure law helps Pennsylvania’s small manufacturers

By Oliver Willis - October 20, 2023
Republicans continue their unpopular attempts to abolish the Department of Education

Republicans continue their unpopular attempts to abolish the Department of Education

By Will Fritz - October 20, 2023
GOP presidential candidates use Israel-Hamas war to stoke anti-immigrant sentiment

GOP presidential candidates use Israel-Hamas war to stoke anti-immigrant sentiment

By Oliver Willis - October 20, 2023
GOP senators try to stop EPA rule projected to save consumers millions of dollars

GOP senators try to stop EPA rule projected to save consumers millions of dollars

By Oliver Willis - October 20, 2023
AJ News
Latest
Florida Sen. Rick Scott backs Donald Trump in revived push to repeal Obamacare

Florida Sen. Rick Scott backs Donald Trump in revived push to repeal Obamacare

By Jesse Valentine - November 30, 2023
Tate Reeves took donations from power company that hiked customer rates

Tate Reeves took donations from power company that hiked customer rates

By Jesse Valentine - November 06, 2023
Daniel Cameron ran on depoliticizing the Kentucky AG’s office. He made it more political.

Daniel Cameron ran on depoliticizing the Kentucky AG’s office. He made it more political.

By Jesse Valentine - November 03, 2023
Republican operatives sound every alarm on current trajectory of 2023 governor’s race

Republican operatives sound every alarm on current trajectory of 2023 governor’s race

By Adam Ganucheau, Mississippi Today - October 24, 2023
Michigan Republican US Senate candidate Peter Meijer backed strict abortion bans

Michigan Republican US Senate candidate Peter Meijer backed strict abortion bans

By Jesse Valentine - November 30, 2023
Abortion opponents push state lawmakers to promote unproven ‘abortion reversal’

Abortion opponents push state lawmakers to promote unproven ‘abortion reversal’

By Anna Claire Vollers - November 30, 2023
Biden campaign pivots to focus on healthcare

Biden campaign pivots to focus on healthcare

By Kim Lyons - November 30, 2023
Abortion advocates submit ballot issue affirming right to terminate pregnancy in Montana

Abortion advocates submit ballot issue affirming right to terminate pregnancy in Montana

By Nicole Girten - November 27, 2023
Proposed Arkansas ballot measure would make abortion access a constitutional right

Proposed Arkansas ballot measure would make abortion access a constitutional right

By Tess Vrbin - November 27, 2023