Crony Capitalism

Scott Walker and Republicans keep cheerleading their Foxconn con.  Chris Kapenga (WI - State Senator) was just on Up Front With Mike Gousha talking up what a great investment Foxconn is for Wisconsin. 

The "deal" is $4.8 billions dollars for 3,000 jobs with the potential of 13,000 jobs.  For 3,000 jobs, that's $1.6 million per job.  Or another way, a 30-year career, making roughly $53,000 per year.

If Wisconsin simply employed workers, for $4.8 billion, it could provide a 30-year career, $50,000 per year job, for 3,200 people.

At the end of the day, if it's taxpayers' dollars we're spending, shouldn't we keep the decision-making capabilities in the hands of Wisconsin taxpayers?  Why provide such lavish subsidies to a private company when the economics clearly show that a public entity could create jobs for much less?

Rather than providing corporate welfare to a billion-dollar "modern" company, modernize our public transportation; green our public buildings; and upgrade our water, sewer and electrical systems.  This creates jobs short- and long-term.  It also improves the entire state's economic competitiveness.  This is what attracts residents, retains and grows business, moves products and people, and ultimately leads to a higher quality of life.

If we're going to be spending billions and the pay-off of 3,000 is worth the cost...then why not just create 3,000 state jobs - of engineers, construction workers, scientists, builders, etc. - for the job of taking care of and improving our state and our public assets?

The Last Straw

Chrisitan Schneider, in-house agitator for the Milwaukee Journal Sentinel, had another nonsensical rant, regarding the recent movement to ban straws, as an avenue to spout worn-out and unfounded right-wing complaints.

According to Schneider, Straw bans are just another bogus eco-fad. Damn environment! It's been holding us all back for far too long!

As Radhika Viswanathan notes, the straw ban is not the answer to all our problems, but it will help in combating plastic pollution in the oceans. Chemotherapy might not cure your cancer, but it's a good start and it's the best option we have right now. Banning straws aren't the end-all-be-all, but it's a good start.

Schneider feels that since the U.S. isn't responsible for the majority of plastic straw pollution, we shouldn't bother changing our behavior. He labels this another eco-fad. 

Saving the planet we all depend on is an "eco-fad" for Republicans. Stupid planet!

Also, does anyone actually have straws in their home? I can't recall ever using a straw in my life at someone's private home. Why does Schneider feel so entitled that private businesses need to provide him a straw? Suddenly when he's out in public he has to drink through a straw? Talk about a snowflake.

Schneider even implies this straw ban will create a black market for straws. Yeah, he really wrote that.

Here's an idea for the drinking-without-a-straw challenged -- carry your own fucking straw around with you if you need it so badly! It's not as though there are no longer any straws available. It's just that restaurants are moving away from providing them. You can still bring your own if you need it that badly. Where's that independent, can-do attitude the Republicans are always blathering on about?

For Further Reading:

The Oceans Are Drowning In Plastic - And No Ones Paying Attention

7 Ways To Reduce Ocean Plastic Pollution Today

The Problem Of Marine Plastic Pollution

Fast Facts About Plastic Pollution

We Made Plastic. We Depend On It. Now We're Drowning In It.

Ocean Plastic Pollution Is Hazardous Waste The U.S. Should Ban

Sunday Reading

Wisconsin Jobs Agency Writes Off $1.1 Million Loan Owed By DePere Businessman Jailed For Defrauding Investors
Three Reason Why The U.S. Is Vulnerable To Big Disasters - And Getting More Vulnerable All The Time
U.S Coal Industry Shows No Signs Of Comeback
High Court Sticks It To Milwaukee
Justice Kennedy Wasn't A Moderate
A Trade Tutorial For Trump
Which Anti-Poverty Programs Work
The Mind-Bendy Weirdness Of The Number Zero, Explained
In Many States, The End Of Roe V. Wade Is Already Here
Growth Benefits Of U.S. Tax Cuts May Be Overestimated: Fed Study
Fresh Proof That Strong Unions Help Reduce Income Inequality
New Study Confirms That American Workers Are Getting Ripped Off
Walker Protected Polluters Who Illegally Dumped Human Waste
How The Koch Brothers Are Killing Public Transit Projects Around The Country

Skills Shortage, Labor Shortage, Skills Gap ... All Bullshit

The dutiful parrots of the media continue to push the "labor shortage" myth. Unemployment is near an all-time low. Yet, we still hear the cries of "labor shortage" and "skills shortage" in the media.

CNBC recently wrote The U.S. Labor Shortage Is Reaching A Critical Point. Employers are supposedly having trouble finding qualified employees to fill 6.7 million job openings.

Lacking self-awareness, the article stated, "Employers are going to have to start doing more to entice workers, likely through pay raises, training and other incentives."

Just as basic economics would predict.

As Dean Baker wrote, "We aren't seeing large-scale increases in pay despite near-record profit shares. This suggest that either employers are really not short of workers or that they are too incompetent to understand the basics of the market."

Baker continued, "The implication of the CNBC piece that claims that hiring is down because businesses can't find qualified workers. If this really is the problem, then the solution, as everyone learns in intro economics, is to raise wages. For some reason CEOs apparently can't seem to figure this one out, since wage growth remains very modest in spite of this alleged shortage of qualified workers."

For Further Reading:
The Washington Post Really Really Hates Markets When It Means Higher Pay For Ordinary Workers
Americans Need To Stop Obsessing Over The Unemployment Rate

Friday Reading

Is Foxconn Double Crossing Walker?
Unions Will Try To Thwart Supreme Court Janus Ruling - That's What They Did In Michigan
Meet The Economist Behind The One Percent's Stealth Takeover Of America
The Second Amendment's History
Is It Great To Be A Worker In The U.S.? Not Compared With The Rest Of The World
A 30-Year Alarm On The Reality Of Climate Change
Crude Oil Through Port Of Milwaukee Creates Risks For Lakefront, Water Supply
Business' Complaints Over Pressure For Donations Prompted Ouster of Ald. Tony Zielinski As Licenses Committee Head
No President Has Tied Themselves Closer To The Stock Market Than Trump - Now The Chickens Have Come Home To Roost
Scott Walker Is Donald Trumps Most Dangerous Enabler