Here's a jolt: MORE public money to Foxconn?

Another subsidy for Foxconn? - and for an electric vehicle startup in the face of established multi-billion dollar corporate veterans like Ford, GM and Tesla, as I'd mentioned some months ago.

This is no joke, as Bruce Murphy recounts: 

Foxconn Wants a New Subsidy? 

Deal to build electric cars for Fisker may depend on yet another taxpayer giveaway.

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Once there was cabbage on prime ag land there. Before promised flat-screen TVs...and giant coffee makers...and emergency room ventilators. And now it's on to electric vehicles in markets dominated by GM, Ford, and Tesla? Bring back the vegetables.
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I guess I have to update my Foxconn archive.

May I remind you what happened the last time Wisconsin and WEDC subsidized a transportation-vehicle startup promising whiz-bang products jobs, lots of jobs and a municipality's salvation in a rough-and-tumble field dominated by long-standing businesses?

Little Hope Remains For Wisconsin Officials Looking To Recover Funds From Failed Aircraft Deal

Bankruptcy Proceedings Ongoing For Company That Said It Would Create Hundreds Of Jobs In Superior. As predicted.    

 

 

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