Walker got suckered by Foxconn -- Donald Schwab
The Los Angles Times editorial that was republished in Saturday’s Wisconsin State Journal argued that cities getting Amazon’s expansion sites were played for suckers. They’re suckers because they offered about $2 billion in incentives to get a promised 50,000 high-paying jobs.
That’s 25,000 jobs per $1 billion. Outgoing (thankfully) Gov. Scott Walker’s incentive package to Foxconn is now up to $4.1 billion for a possible 13,000 jobs. That’s less than 3,500 jobs per $1 billion in incentives.
If the cities were suckered by Amazon, then Foxconn suckered Gov. Walker bigly.
Donald Schwab, Verona