Foxconn's promise to invest $10 billion in Wisconsin is now a distant memory | It's now selling two mostly empty buildings in the state.

3 years ago by L4sBot to c/technology

Foxconn's promise to invest $10 billion in Wisconsin is now a distant memory | It's now selling two mostly empty buildings in the state.::Foxconn is selling two buildings in Wisconsin, which have remained mostly empty since they were originally purchased for its plans to bring production to the US..

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Geek_King 120 points 3 years ago

I remember arguing with a co-worker about how this deal was pure crap, and even if Foxconn delivered all the jobs they said they would, it would take 40 years to recoup the cost of the tax breaks. Scott Walker screwed over that area of the state HARD, people had land ceased/forced out, huge costly changes to the infrastructure in that area where the factory was supposed to be.

Surprise surprise, the shitty deal turned out to be a shitty deal.

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billy_bollocks 24 points 3 years ago

Seized

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WhatAmLemmy 21 points 3 years ago

"Seizing the means of production is a-okay if you're an oligarch seizing the proles or poorer capitalists assets"

— Supply side Jesus

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