Showing posts with label Foxconn. Show all posts
Showing posts with label Foxconn. Show all posts
Saturday, February 5, 2022
Weekend Reading
How did Wisconsin get the largest telescope in the world?Mount Pleasant Pays For Foxconn Water ShortfallBari Weiss and Bill Maher said it’s time to live with COVID. A local doctor fact-checked them.What to know about the battle over Wisconsin health care workers now playing out in courtThe Fed's War on Inflation Is Really an Attack on Workers
Friday, November 26, 2021
Weekend Reading
The Butcher of HavannaCovid Killed More Americans in 2021 Than 2020, and the GOP Death Cult Is Mostly to BlameThe Truck Driver Shortage Doesn’t Exist. Saying There Is One Makes Conditions Worse for DriversSt. Jude Hoards Billions While Many of Its Families Drain Their SavingsTurns out, Harvard students aren’t that smart after allHuman History Gets a Rewrite
Saturday, May 1, 2021
Weekend Reading
Tucker Carlson Endorses White Supremacist Theory by NameThe Corporate Tax Burden: Facts and FictionAnderson Cooper: Pretty much everything Sen. Johnson said is dangerousHow the Federal Reserve Is Increasing Wealth InequalityWest Allis is the Hottest City in WisconsinSotomayor gives blistering dissent to Trump SCOTUS appointees who find juvenile not worthy of paroleWhy the "Reagan Revolution" Scheme to Gut America's Middle Class is Coming to an EndThe 'Capitalism is Broken' Economy
Saturday, February 6, 2021
Weekend Reading
Someone Is Going to Have to Explain to Me How This Makes Any Damn SenseIn First Speech as Budget Chair, Sanders Rebuffs 'Partisanship' Complaints From GOP That Unilaterally Passed $1.9T Gift for RichCity Creating Plan to Develop and Preserve Bay ViewBiden Beats Back The Austerians At The GatesIncome inequality in America is at its highest level in more than 50 yearsOne Emergency After Another: Wisconsin Governor And Legislators Battle Over COVID-19
Wednesday, February 3, 2021
Midweek Reading
Why Phoenix may be uninhabitable by the end of this centuryBiden’s chief of staff smacks down NY Times for whining about undoing Trump legacyThe Price of Wheat Doesn’t Tell Us About the Strength of the Economy and Neither Does the Stock Market: Why Is This so Hard for Intellectual Types to Understand?What do short-sellers really do?Billionaire Sports Owners Get RicherThe GameStop Bubble Is a Lesson in the Absurdity and Uselessness of the Stock MarketMaking a Martyr Out of a MurdererWarren To Join Senate Finance Committee, Immediately Introduce Wealth Tax Bill
Monday, January 11, 2021
Monday Reading
Trickle-Down Economics Fails a Sophisticated Statistical TestMerry Christmas We EnergiesWisconsin Center District closes on bond sale for $420M expansionDeutsche Bank May Seize Trump’s Assets If He Loses and Fails to Repay DebtMillionaire Republican Cites Deficit To Block Aid — After Enriching Himself With Special Tax CutsWisconsin Jurists Who Defied Trump Get an Earful
Tuesday, November 3, 2020
Midweek Reading
Changes that Would Make a Difference in the Biden AdministrationThe stock market is overvalued, according to almost every measure dating to 1950The stock market’s strength tells us less about the true state of the economy than at almost any other time over the last five decadesIf Wisconsin's Legislature were a business, Republicans would've already been firedTRUMP IS TERRIFIED ABOUT GOING TO PRISON AFTER LOSING THE ELECTION, AS HE SHOULD BEData show these US industries have the most recession proof jobsThe NFL rewards men who put their hands on womenRepublican senator ‘personally benefited from tax change he sought’ (Ron Johnson is a piece of shit)Science Denial and COVID Conspiracy Theories
Tuesday, May 12, 2020
Brains Misinformed By Republicans Shouldn't Get A Public Platform
The cognitive dissonance is great in this one.
Scott Walker, former Wisconsin governor and Milwaukee county executive who left both those posts in worse fiscal shape than he found them and the bozo that gave away billions to Foxconn, opines States mismanaged by Dems shouldn't get a bailout over pandemic.
Yes, like his dear leader Donald Trump, Walker believes that if you're not on his team - if you're a Democrat - your state shouldn't get help from the Federal government. Which is just what we all want in a leader, right? If you didn't vote for him/her, you're on your own.
Walker oddly cites Kevin Hassett as support for his rant, as if, by association, this bolsters his argument. Kevin Hassett, if you'll remember, is the same right-wing, know-nothing apparatchik that wrote Dow 36,000 - one of the worst and most laughable pieces of economic forecasting ever published.
These few lines from Walker were especially laughable, "Instead of bailing out state and local governments, the federal government should continue to support programs to keep workers on the payroll and to keep small businesses alive. While so many workers are experiencing layoffs, closures, furloughs or pay cuts, many state and local governments have yet to make meaningful reductions — even in “non-essential” areas."
This from the same guy that made Wisconsin a right-to-work state and gave away billions to a massive foreign corporation. Part of Walker's budgetary game-plan as governor were lay-offs and firings. It doesn't take a genius to cut programs and fire people to make budgetary numbers look better. It looks particularly worse when you turn around and take some of that money and give it to your cronies in the form of tax breaks and subsidies.
This is all typical Republican blathering. Talk about how much you care about workers and the little guy, and then turn around and give tax breaks, cut regulations and bend over backwards for big corporations and the wealthy.
Finally, if these Democratic ("blue") states are so mismanaged, why is it that these states are the ones subsidizing the Republican ("red") states? As an article from the Business Insider details, "Red States — the ones governed by folks who think government is too big and spending needs to be cut — are a net drain on the economy, taking in more federal spending than they pay out in federal taxes. They talk a good game, but stick Blue States with the bill."
As usual Scott Walker and the Republicans are just wrong. And, they are lying about their policies and the outcomes. They don't give a shit about workers, the little guy, small business, budgets, etc. They only care about themselves and power.
Scott Walker, former Wisconsin governor and Milwaukee county executive who left both those posts in worse fiscal shape than he found them and the bozo that gave away billions to Foxconn, opines States mismanaged by Dems shouldn't get a bailout over pandemic.
Yes, like his dear leader Donald Trump, Walker believes that if you're not on his team - if you're a Democrat - your state shouldn't get help from the Federal government. Which is just what we all want in a leader, right? If you didn't vote for him/her, you're on your own.
Walker oddly cites Kevin Hassett as support for his rant, as if, by association, this bolsters his argument. Kevin Hassett, if you'll remember, is the same right-wing, know-nothing apparatchik that wrote Dow 36,000 - one of the worst and most laughable pieces of economic forecasting ever published.
These few lines from Walker were especially laughable, "Instead of bailing out state and local governments, the federal government should continue to support programs to keep workers on the payroll and to keep small businesses alive. While so many workers are experiencing layoffs, closures, furloughs or pay cuts, many state and local governments have yet to make meaningful reductions — even in “non-essential” areas."
This from the same guy that made Wisconsin a right-to-work state and gave away billions to a massive foreign corporation. Part of Walker's budgetary game-plan as governor were lay-offs and firings. It doesn't take a genius to cut programs and fire people to make budgetary numbers look better. It looks particularly worse when you turn around and take some of that money and give it to your cronies in the form of tax breaks and subsidies.
This is all typical Republican blathering. Talk about how much you care about workers and the little guy, and then turn around and give tax breaks, cut regulations and bend over backwards for big corporations and the wealthy.
Finally, if these Democratic ("blue") states are so mismanaged, why is it that these states are the ones subsidizing the Republican ("red") states? As an article from the Business Insider details, "Red States — the ones governed by folks who think government is too big and spending needs to be cut — are a net drain on the economy, taking in more federal spending than they pay out in federal taxes. They talk a good game, but stick Blue States with the bill."
As usual Scott Walker and the Republicans are just wrong. And, they are lying about their policies and the outcomes. They don't give a shit about workers, the little guy, small business, budgets, etc. They only care about themselves and power.
Wednesday, April 15, 2020
Midweek Reading
Foxconn's Buildings In Wisconsin Are Still Empty
The real reason Republicans ‘threw a fit in Wisconsin’
If the Postal Service Dies, So Does Democracy
GOP was giddy for low-turnout vote
Voter suppression now has a white face in Wisconsin
Why the Supreme Court’s contentious Wisconsin election ruling looks even worse now
The real reason Republicans ‘threw a fit in Wisconsin’
If the Postal Service Dies, So Does Democracy
GOP was giddy for low-turnout vote
Voter suppression now has a white face in Wisconsin
Why the Supreme Court’s contentious Wisconsin election ruling looks even worse now
Treasury stalls delivery of 70 million coronavirus stimulus checks to put Trump’s name on them
Its Not Capitalism, its Crony Capitalism
Capitalists or Cronyists?Its Not Capitalism, its Crony Capitalism
Some Companies Are Too Connected to Fail
A raging pandemic is showing the world how Republicans weaponize deficits and states’ rights against Democratic presidents
Tucker Carlson attacks Michelle Obama and says she’s trying to ‘destroy’ American democracyA raging pandemic is showing the world how Republicans weaponize deficits and states’ rights against Democratic presidents
Wednesday, March 11, 2020
Midweek Reading
The Foxconn Road to Ruin
‘Middle Class’ Joe Biden has a corruption problem – it makes him a weak candidate
Trump and the GOP have created a giant mess. Will Democrats have to clean it up again?
Coronavirus Is a Reason to Worry About the Economy—the Stock Market Plunge Is Not
There is hard data that shows "Bernie Bros" are a myth
The Rules of Contagion — a study of how a virus spreads
How the drug industry got its way on the coronavirus
‘Middle Class’ Joe Biden has a corruption problem – it makes him a weak candidate
Trump and the GOP have created a giant mess. Will Democrats have to clean it up again?
Coronavirus Is a Reason to Worry About the Economy—the Stock Market Plunge Is Not
There is hard data that shows "Bernie Bros" are a myth
The Rules of Contagion — a study of how a virus spreads
How the drug industry got its way on the coronavirus
Saturday, February 15, 2020
Saturday, January 18, 2020
Weekend Reading
Trump's Economy Is An Absolute Disaster For People And The Planet
IMF Head Gives 'Stark Message' Of Looming Inequality-Fueled Global Financial Disaster
Report Ties Green Energy To Economic Growth
The Great Dismantling Of America's National Parks Is Under Way
The Foxconn Debacle Is Key To What The Trump Era Has Meant In Wisconsin
Why Drink Is The Secret To Humanity's Success
The Enduring Awe And Legacy Of 'Mad Men'
President Donald Trump Touts Economic Record At Downtown Milwaukee Campaign Rally
White House Budget Office Violated Federal Law By Withholding Ukraine Security Funds
IMF Head Gives 'Stark Message' Of Looming Inequality-Fueled Global Financial Disaster
Report Ties Green Energy To Economic Growth
The Great Dismantling Of America's National Parks Is Under Way
The Foxconn Debacle Is Key To What The Trump Era Has Meant In Wisconsin
Why Drink Is The Secret To Humanity's Success
The Enduring Awe And Legacy Of 'Mad Men'
President Donald Trump Touts Economic Record At Downtown Milwaukee Campaign Rally
White House Budget Office Violated Federal Law By Withholding Ukraine Security Funds
Sunday, December 22, 2019
The (Fox)Conn Continues
So, Scott Walker gives billions away to Foxconn. Thousands of jobs are promised. Now, according to Foxconn, Wisconsin actually doesn't have the workers to fill the jobs. Foxconn Says It Can't Find Enough Workers For Wisconsin Project. WTF?
Hopefully everyone can see this bribery that is called economic development is pure extortion. Inflated economic impact reports are released along with CEOs and politicians congratulating each other on the wonderful "partnership" they've created, which will result in massive job growth.
Business 101 instructs that you don't locate your business somewhere that can't efficiently provide your needed inputs (labor, obviously, being one of those).
The Wisconsin-Foxconn debacle perfectly illustrates how distorted our economic development policies have become. To pretend that Wisconsin had some underlying competitive advantage regarding Foxconn's business needs, and they just needed a little boost in the form of Wisconsin subsidies to reach that reality. Then, slowly, the job numbers decrease, and facility construction is delayed. Now, Foxconn tells us Wisconsin doesn't even have the workers for the jobs they are planning in Wisconsin. This is just another crony capitalist shakedown.
For Further Reading:
Skills Shortage, Labor Shortage, Skills Gap ... All Bullshit
The So-Called "Skills Gap" Is Complete Bullshit
More Skills Gap Crap
Hopefully everyone can see this bribery that is called economic development is pure extortion. Inflated economic impact reports are released along with CEOs and politicians congratulating each other on the wonderful "partnership" they've created, which will result in massive job growth.
Business 101 instructs that you don't locate your business somewhere that can't efficiently provide your needed inputs (labor, obviously, being one of those).
The Wisconsin-Foxconn debacle perfectly illustrates how distorted our economic development policies have become. To pretend that Wisconsin had some underlying competitive advantage regarding Foxconn's business needs, and they just needed a little boost in the form of Wisconsin subsidies to reach that reality. Then, slowly, the job numbers decrease, and facility construction is delayed. Now, Foxconn tells us Wisconsin doesn't even have the workers for the jobs they are planning in Wisconsin. This is just another crony capitalist shakedown.
For Further Reading:
Skills Shortage, Labor Shortage, Skills Gap ... All Bullshit
The So-Called "Skills Gap" Is Complete Bullshit
More Skills Gap Crap
Holiday Reading
Amazon's Internal Injury Records Expose The True Toll Of Its Relentless Drive For Speed
The Danger Of Centrist Conventional Wisdom
How To Reform Today's Rigged Capitalism
The Massive Triumph Of The Rich, Illustrated By Stunning New Data
It's Becoming Clear That High-Speed Rail Would Benefit Wisconsin More Than Foxconn
Foxconn May Cut State GDP By $6 Billion
Charter Schools Wasted $48.6 Million In State Grants
Trump Tariffs Cost State $800 Million
Foxconn Says It Can't Find Workers
Showdown In Wisconsin Valley
The Jobs Market Isn't As Healthy As It Seems
The Danger Of Centrist Conventional Wisdom
How To Reform Today's Rigged Capitalism
The Massive Triumph Of The Rich, Illustrated By Stunning New Data
It's Becoming Clear That High-Speed Rail Would Benefit Wisconsin More Than Foxconn
Foxconn May Cut State GDP By $6 Billion
Charter Schools Wasted $48.6 Million In State Grants
Trump Tariffs Cost State $800 Million
Foxconn Says It Can't Find Workers
Showdown In Wisconsin Valley
The Jobs Market Isn't As Healthy As It Seems
Saturday, August 31, 2019
Weekend Reading
There Is No Labor Shortage
We Don't Have Labor Shortage. We Have A Pay Shortage.
Fighting Climate Change May Be Easier Than We Think
Heavy Job Loss Since The 1970s Hit Milwaukee's Black Community The Hardest. Here's Why.
The Case Against The Electoral College In Stronger Than Ever
Journal Sentinel Slams "Liberal" News Site
David Koch's Monstrous Legacy
I Helped Create The GOP Tax Myth. Trump Is Wrong: Tax Cuts Don't Equal Growth.
Humans Versus Earth: The Quest To Define The Anthropocene
New Inequality Numbers Are A Gift To Campaign Sloganeers
No, Productivity Does Not Explain Income
How Trump's Foxconn Deal Conned Wisconsin Out Of Billions
The Financialization Of The American Elite
The 'War On Cars' Is A Bad Joke
Social Security Does Not Add To The Federal Deficit
Brazil, The Amazon, and Global Warming: It Ain't Quite What The Media Tell You
The Trump Vs. Obama Economy - In 15 Charts
We Don't Have Labor Shortage. We Have A Pay Shortage.
Fighting Climate Change May Be Easier Than We Think
Heavy Job Loss Since The 1970s Hit Milwaukee's Black Community The Hardest. Here's Why.
The Case Against The Electoral College In Stronger Than Ever
Journal Sentinel Slams "Liberal" News Site
David Koch's Monstrous Legacy
I Helped Create The GOP Tax Myth. Trump Is Wrong: Tax Cuts Don't Equal Growth.
Humans Versus Earth: The Quest To Define The Anthropocene
New Inequality Numbers Are A Gift To Campaign Sloganeers
No, Productivity Does Not Explain Income
How Trump's Foxconn Deal Conned Wisconsin Out Of Billions
The Financialization Of The American Elite
The 'War On Cars' Is A Bad Joke
Social Security Does Not Add To The Federal Deficit
Brazil, The Amazon, and Global Warming: It Ain't Quite What The Media Tell You
The Trump Vs. Obama Economy - In 15 Charts
Sunday, August 11, 2019
Sunday Reading
LBOs Make (More) Companies Go Bankrupt, Research Shows
It's Time For The Suburbs To Talk About Race
El Paso, Dayton Make 251 Mass Shootings In The US In 216 Days, More Shootings Than Days In The Year
Tent City Is A Result Of Public Policy
Shining A Light On The Dark-Store Tax Dodge
Trump May Have Made Himself The Recession's Scapegoat
Foxconn Jobs Not Worth The Costs
Costs And Benefits Of A Revised Foxconn Project
The Long Road To Recovery After Years Of Severe Budget Cuts
Lake Michigan Has Swallowed Up 2 Chicago Beaches This Summer. Experts Say The Worst Could Still Be On The Way.
Trumps Says Cities Are 'A Mess.' They're Actually Enjoying A Golden Age.
How 'Developer' Became Such A Dirty Word
How Economists' Faith In Markets Broke America
It's Time For The Suburbs To Talk About Race
El Paso, Dayton Make 251 Mass Shootings In The US In 216 Days, More Shootings Than Days In The Year
Tent City Is A Result Of Public Policy
Shining A Light On The Dark-Store Tax Dodge
Trump May Have Made Himself The Recession's Scapegoat
Foxconn Jobs Not Worth The Costs
Costs And Benefits Of A Revised Foxconn Project
The Long Road To Recovery After Years Of Severe Budget Cuts
Lake Michigan Has Swallowed Up 2 Chicago Beaches This Summer. Experts Say The Worst Could Still Be On The Way.
Trumps Says Cities Are 'A Mess.' They're Actually Enjoying A Golden Age.
How 'Developer' Became Such A Dirty Word
How Economists' Faith In Markets Broke America
Saturday, July 13, 2019
Wisconsin Reading
When Socialists Swept Milwaukee
Why GOP Opposes Federal Medicaid Funds
The Incredible Shrinking Foxconn Plant
House passes $5M for Great Lakes Hyperloop that slots Milwaukee for Phase 2
Regrets, He Has A Few: Robin Vos Wanted To Do Even More For Wealthy In Wisconsin
Wisconsin's GOP Speaker Says He Wants To Consider Legalizing Medical Marijuana, Just After Rejecting Governor's Plan
State's Loss on Federal ACA is $1.3 Billion
Supreme Court's Gerrymandering Decision Fails Wisconsin
Why GOP Opposes Federal Medicaid Funds
The Incredible Shrinking Foxconn Plant
House passes $5M for Great Lakes Hyperloop that slots Milwaukee for Phase 2
Regrets, He Has A Few: Robin Vos Wanted To Do Even More For Wealthy In Wisconsin
Wisconsin's GOP Speaker Says He Wants To Consider Legalizing Medical Marijuana, Just After Rejecting Governor's Plan
State's Loss on Federal ACA is $1.3 Billion
Supreme Court's Gerrymandering Decision Fails Wisconsin
Saturday, May 4, 2019
Wisconsin Reading
City May Extend Residency Incentives
Democrats Just Blew It In Wisconsin: Elections Likely To Stay Rigged In Favor Of GOP
Appeals Court Expands Legal Searches
These Republican Maps Are So Psychedelically Gerrymandered The Supreme Court Might Finally Have To Step In
Scott Walker's Foxconn Deal Is On Its Way To Becoming A World-Historical Debate
Foxconn Promised A Correction About Empty Buildings In Wisconsin Two Weeks Ago, And It Hasn't Said A Word Since
Foxconn Wants To Alter The Wisconsin Deal
Foxconn Tore Up A Small Town To Build A Factory, Then Retreated
Democrats Just Blew It In Wisconsin: Elections Likely To Stay Rigged In Favor Of GOP
Appeals Court Expands Legal Searches
These Republican Maps Are So Psychedelically Gerrymandered The Supreme Court Might Finally Have To Step In
Scott Walker's Foxconn Deal Is On Its Way To Becoming A World-Historical Debate
Foxconn Promised A Correction About Empty Buildings In Wisconsin Two Weeks Ago, And It Hasn't Said A Word Since
Foxconn Wants To Alter The Wisconsin Deal
Foxconn Tore Up A Small Town To Build A Factory, Then Retreated
Friday, April 19, 2019
Wisconsin Reading
Taxpayers Make Bucks, Brewers Rich
Gov. Tony Evers Wants To Renegotiate Foxconn Deal
Wisconsin Republicans Are Yucking It Up About AOC's Green New Deal While Trade Wars Crush Dairy Farmers
7 Numbers That Explain The Election
Committee Questions Grand Avenue Deal
Canadian National Investing $120 Million In Wisconsin Rail Infrastructure
True Colors Show In State Capitol
Gov. Tony Evers Wants To Renegotiate Foxconn Deal
Wisconsin Republicans Are Yucking It Up About AOC's Green New Deal While Trade Wars Crush Dairy Farmers
7 Numbers That Explain The Election
Committee Questions Grand Avenue Deal
Canadian National Investing $120 Million In Wisconsin Rail Infrastructure
True Colors Show In State Capitol
Sunday, March 17, 2019
Sunday Reading
What Happened To Wisconsin?
Final Walker Jobs Gap - Nearly 164,000 Jobs!
Corporate Tax Deals May Be Public, But What Happens Next Is Often Secret
Washington Post Says Republicans Oppose Debt
In Praise Of Budget Deficits
Milwaukee Does Have A Socialist Past, But Democrats Have Other Reasons To Show Wisconsin Some Love
Elizabeth Warren's War On Big Tech Puts Her Ahead As The Candidate To Take On Corporate Power
Microsoft Sues Foxconn And Says It Owes Royalty Payments Plus Interest
It's Time To Take Fox News's Destructive Role In America Seriously
America's Fox News Problem
12 States Spend Less On Schools Now Than Before The Recession
Final Walker Jobs Gap - Nearly 164,000 Jobs!
Corporate Tax Deals May Be Public, But What Happens Next Is Often Secret
Washington Post Says Republicans Oppose Debt
In Praise Of Budget Deficits
Milwaukee Does Have A Socialist Past, But Democrats Have Other Reasons To Show Wisconsin Some Love
Elizabeth Warren's War On Big Tech Puts Her Ahead As The Candidate To Take On Corporate Power
Microsoft Sues Foxconn And Says It Owes Royalty Payments Plus Interest
It's Time To Take Fox News's Destructive Role In America Seriously
America's Fox News Problem
12 States Spend Less On Schools Now Than Before The Recession
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