Foxconn bad deal for Wisconsin
It is not hard to understand why FoxConn brings controversy. This unprecedented deal has the potential to bring great wealth to our state, which will have significant influence on the state's foreseeable future. FoxConn has taken an astute opportunity also to distribute worldwide for the ginseng industry, which largely comes from Marathon County.
This is likely what FoxConn cares about most, not jobs in Wisconsin. Who is this good for in Wisconsin? The wealthy, top 1 percent have the most to gain; many of the ginseng farmers in Wisconsin are already millionaires since Canada's government stopped subsidizing its own ginseng farmers a few years ago. The worldwide market shifted toward Wisconsin due to several Wisconsin ginseng leaders' work at a critical moment internationally.
Of course, initially there will be new jobs, but automation technology is exploding. I doubt it will take more than five to 10 years for FoxConn to bring in automation instead of the potential 9,000 additional jobs advertised.
If Gov. Scott Walker and President Trump celebrate by giving this company $3 billion of Wisconsin tax dollars, I would make sure they cannot benefit financially through campaign donations with anyone who has an association with FoxConn.
If you haven't noticed, the rich are writing their own rules in American government, that's what Trump is all about, getting the top 1 percent richer. Wall Street keeps climbing to unprecedented highs, until it all crumbles. The wealthy getting wealthier cannot be sustained nationally.
This tax giveaway will hurt the average Wisconsinite's prospect for economic upward mobility after Wisconsinites realize it's a bad long-term investment, just like Trump. Wisconsinites also need to know that ginseng takes so many nutrients from the ground that it cannot grow well more than once in any spot.
Expect ginseng virgin farmlands to be offered top dollar to rent for a short-sighted, short-term gain.
We need politicians who care about people more than wealth and power.