FOXCONN is bad for Wisconsin BLUF
Is FOXCONN bad for Wisconsin? Why do we give millions to sports teams? Why was it ok for President Obama to give millions to Solyndria? Why is it a good practice for Governor Andrew Cuomo of NY to offer tax incentives to companies? How many dollars is Wisconsin actually handing to FOXCONN? Should the Wisconsin Democrats oppose this, and if they do what does that say? What if the Republicans are wrong? I’m confused because I think it should be what is best for Wisconsin, or am I wrong?
THE DIFFERENCE IS WHO: Why is it good for Democrats like Governor Cuomo or President Barrack Obama to give money to businesses, but not ok for a Republican Governor like Scott Walker. Even the non-partisan State Superintendent of Public Instruction TONY EVERS came out against FOXCONN. I thought it was funny because Evers is non-partisan, embedded inside his e-mail tirade was an opportunity for you to give money to his campaign for Governor.
PRESIDENT OBAMA: May 2010 Solyndra is visited by President Obama and while there, Obama said, “Leading the way toward a brighter and more prosperous future.” During this same highly publicized appearance by the President he exclaimed the success story from the government’s $787 billion stimulus package.
OH NO, SEE MY SHOCKED FACE: August 2011 Obama’s poster child for Green Energy declared bankruptcy. What caused this after all of the federal money pumped into this selected for success business. Solyndra CEO Brian Hanson stated, “Regulatory and policy uncertainties in recent months created significant near-term excess supply and price erosion.” SEE MY SHOCKED FACE when I realized for the first time that government control failed.
MAKES YOU WISH FOR THE SOVIET UNION: Reminds me of the days when the Soviet Union dictated how much and what to produce which left the masses with nothing or not enough. I know the left leaning progressives hate it but good old American Capitalism and free market is still the best.
COUNTRIES, STATES AND CITIES COMPETE: Cities give sports teams millions to relocate or to remain in their city. Why? Because of the supporting industry and jobs needed to support the team and stadium. In the late 1990’s the argument in Wisconsin was about building a new stadium to keep the Milwaukee Brewers. At that time my children were young and once each summer we would get tickets for a 3 game series. We would get a hotel in Milwaukee within walking distance of the zoo. The kids could jump in the pool, we would go to the zoo and other locations and at night we went to the baseball game plus ate at several restaurants while in town. Without the baseball team, we would just drive down and back, so lost income for the supporting businesses.
CORPORATE WELFARE: Some that wish to disparage call it corporate welfare. On the other side of the pancake its jobs, to construct the building, to support the business when it is up and running, and the jobs for the employees of the business. The problem with those who look at this as bad is they view everything in a vacuum and only see the jobs inside the plants.
Part #2 will use the term TRICKLE DOWN!!!!