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Wednesday, August 30, 2017

Walker-Con privatizes profits, socializes risk and other truths...

Let's just call it what it is, Walker-Con. The idea that "jobs" are always more important than sound financial decision making has got to stop, and this would be a good place to start!

The Democrats are moving at a snails pace in coming up with a strong message in opposition to this outrageous Republican flip flop on free market economics. State Superintendent Tony Evers, in announcing his bid to run for governor, framed the issue perfectly. Yet it's getting absolutely no Democratic traction...
Tony Evers criticized the awful Trump-Walker Foxconn deal by comparing it to the favorable deal the City of Verona made with Epic Systems to create jobs in Wisconsin. Evers said in his remarks, “Take a look at Epic in Verona. They invested in Wisconsin because we already had a talented workforce. And they did this all with $9 million dollars of city of Verona investment – not $3 billion like Foxconn. Epic has created almost 10,000 jobs. It’s on a campus almost entirely off-the-grid in terms of its use of utilities…There is a huge difference between this strategic investment and the awful deal Scott Walker and Donald Trump cut with Foxconn.”

Dem. candidate for governor, Milwaukee business executive Andy Gronik said, if he was a corporate director and a CEO like Walker brought a Foxconn deal with so few details to that board, “I would first deny the deal, and then I’d fire Scott Walker.”

Dem. candidate Rep. Dana Wachs, of Eau Claire, repeated his opposition to the deal last week: “It would bring Chinese-style economics to Wisconsin, complete with air and water pollution, fewer worker protections, and government choosing winners and losers based on which corporations curry favor with them.”
...or this middle of the road, pathetic, uninspired framing of the Walker-Con deal that falls noticeably flat. Note: Anyone out there think there won't be another recession in the next 10 to 25 years, or supply side Republicans won't reduce revenues even more via tax cuts? Seriously?:
Democratic state Sen. Jon Erpenbach, D-Middleton, who sits on the Legislature’s budget-writing committee, agreed the cost of the Foxconn tax credits will be “manageable” if state revenues, through tax collections, increase. But Erpenbach said that may not be the case if an economic downturn occurs. “We have to pay (Foxconn) before we pay anybody else,” Erpenbach said. “That puts a lot of other things at risk.”
Hardly what I would call a finger wagging "I told you so" when things eventually go south.  

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