Foxconn want’s to build a factory in Wisconsin that will employ three thousand workers possibly becoming 13,000 workers. Foxconn plans to invest up to $13 billion in the plant. Gov. Scott Walker said that the Wisconsin will supply up to $3 billion dollars in incentives. See http://www.duluthnewstribune.com/business/technology/4303440-foxconn-announces-major-new-manufacturing-plant-wisconsin.
Oops! Aren’t Republicans the ones who believe in standing on your own two feet and not accepting government handouts.
If it makes business sense to build such a project, then shouldn’t business be the one investing its own money.
See “Foxconn’s long con”, John Biggs, TechCrunch, 2017-07-28. Politicians around the world have been out-foxed by Foxconn. Don’t these politicians read Adam Smith: “This order of men is not to be trusted.”
