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Related: About this forumWI Senate leader Scott Fitzgerald wants more job protections in Foxconn bill but says it will pass
Retweeted by David Fahrenthold: https://twitter.com/fahrenthold
Now looks like the Foxconn bill will move forward next week in WI, but state lawmakers still have concerns:
http://www.jsonline.com/story/news/politics/2017/08/10/wisconsin-senate-leader-scott-fitzgerald-wants-more-job-protections-foxconn-bill/555717001/
Link to tweet
Wisconsin Senate leader Scott Fitzgerald wants more job protections in Foxconn bill but says it will pass
Patrick Marley and Jason Stein, Milwaukee Published 11:27 a.m. CT Aug. 10, 2017 | Updated 12:13 p.m. CT Aug. 10, 2017
MADISON The leader of the Wisconsin Senate said Thursday that before approving a $3 billion incentive package for Foxconn Technology Group, he wants more benchmarks on job creation by the Taiwanese electronics giant.
....
Currently, the $1.5 billion in proposed cash incentives for job creation would be paid out to the company over 15 years if it began hiring and continued to ramp that up.
But Foxconn could receive up to $1.35 billion in separate cash payments if the company invested in the plant and equipment there, even if the plant turned out to be highly automated and employed fewer workers than expected. The deal doesn't currently contain a minimum number of jobs that Foxconn would have to create to receive payments from taxpayers.
....
Patrick Marley and Jason Stein, Milwaukee Published 11:27 a.m. CT Aug. 10, 2017 | Updated 12:13 p.m. CT Aug. 10, 2017
MADISON The leader of the Wisconsin Senate said Thursday that before approving a $3 billion incentive package for Foxconn Technology Group, he wants more benchmarks on job creation by the Taiwanese electronics giant.
....
Currently, the $1.5 billion in proposed cash incentives for job creation would be paid out to the company over 15 years if it began hiring and continued to ramp that up.
But Foxconn could receive up to $1.35 billion in separate cash payments if the company invested in the plant and equipment there, even if the plant turned out to be highly automated and employed fewer workers than expected. The deal doesn't currently contain a minimum number of jobs that Foxconn would have to create to receive payments from taxpayers.
....
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WI Senate leader Scott Fitzgerald wants more job protections in Foxconn bill but says it will pass (Original Post)
mahatmakanejeeves
Aug 2017
OP
atreides1
(16,100 posts)1. The people of Wisconsin
Are about to be sold into indentured servitude, and all for 3,000 jobs, maybe!!!
And the state of Wisconsin will not only, not break even, they will lose money and be left with polluted water, air, and land!!!
Angry Dragon
(36,693 posts)3. at 13,000 jobs cost per job $231,000
LisaM
(27,847 posts)2. Why not just pay $3.5 billion directly to Wisconsinites?
It makes more sense than letting this company in to use eminent domain to take family farms and create the type of hostile work environment they're known for.
This isn't the kind of manufacturing jobs they had in Wisconsin when they were known for being a fair and progressive state. This is at-will employment by a company that has had to string up nets to prevent workers from dying when they made suicide attempts.