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posted by takyon on Tuesday August 01 2017, @11:04AM   Printer-friendly
from the self-defeating-interstate-competition-for-jobs dept.

The Progressive reports:

Wisconsin is now poised to reward Foxconn with a whopping $3 billion "incentive" package--the fourth largest "mega-deal" in U.S. history. (That figure works out to an incredible $231,000 per job, and does not include the local subsidies that are invariably a part of such deals.) The bulk of this subsidy would be paid out in cash.[1]

[...] Wisconsin is jumping into the self-defeating interstate competition for jobs, in which U.S. states spend a collective $110 billion[2] on tax breaks and other sweeteners reserved mostly for the largest and most profitable companies like Foxconn, which raked in $2.26 billion in profits last year.

[1] Paywall after x visits per month.
[2] Link in TFA is just a search: http://america.aljazeera.com/search.html?q=%24110+billion.


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  • (Score: 4, Insightful) by LoRdTAW on Tuesday August 01 2017, @11:51AM (9 children)

    by LoRdTAW (3755) on Tuesday August 01 2017, @11:51AM (#547597) Journal

    I assume the American facility will not have suicide nets or prison like domistiles.

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  • (Score: 0) by Anonymous Coward on Tuesday August 01 2017, @12:25PM (2 children)

    by Anonymous Coward on Tuesday August 01 2017, @12:25PM (#547606)

    That is an unwarranted assumption.

    • (Score: 4, Funny) by Runaway1956 on Tuesday August 01 2017, @01:33PM

      by Runaway1956 (2926) Subscriber Badge on Tuesday August 01 2017, @01:33PM (#547631) Journal

      We can get a warrant though. In fact, we have some blanks in the trunk of the car, just hold on a second.

    • (Score: 0) by Anonymous Coward on Tuesday August 01 2017, @05:39PM

      by Anonymous Coward on Tuesday August 01 2017, @05:39PM (#547711)

      Indeed, in america the company will probably be better served with bullet proof glass.

  • (Score: 0) by Anonymous Coward on Tuesday August 01 2017, @12:55PM (1 child)

    by Anonymous Coward on Tuesday August 01 2017, @12:55PM (#547615)

    No they will use prisons so then they get cheap labor, tho it might be a step to making people not want to go back to prison cause they don't want to work for them.

    I mean think about it the prison gets to use them as cheap labor, the state pays the prison to make iphone and people buy the iphones, they get paid 2x as much and increase the bottom line its a win-win

    • (Score: 2) by looorg on Tuesday August 01 2017, @01:08PM

      by looorg (578) on Tuesday August 01 2017, @01:08PM (#547620)

      Soldering for Foxxconn might still be a better work experience for prisoners then milking goats (was in the news here a week or so ago). That is if it was prisoners that was working in the factory. But I don't think it was.

  • (Score: 0) by Anonymous Coward on Tuesday August 01 2017, @01:14PM

    by Anonymous Coward on Tuesday August 01 2017, @01:14PM (#547621)

    In America we use death by cop instead of death by drop :)

  • (Score: 2) by DannyB on Tuesday August 01 2017, @01:28PM

    by DannyB (5839) Subscriber Badge on Tuesday August 01 2017, @01:28PM (#547626) Journal

    I assume the American facility will not have suicide nets or prison like domistiles.

    OSHA will require much improved safety nets to ensure worker safety.

    Once it takes hold, all US workplaces could have suicide prevention nets.

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  • (Score: 1) by fustakrakich on Tuesday August 01 2017, @04:15PM (1 child)

    by fustakrakich (6150) on Tuesday August 01 2017, @04:15PM (#547687) Journal

    Don't know if all that is necessary for a room full of robots that are bolted to the floor.

    --
    La politica e i criminali sono la stessa cosa..
    • (Score: 2) by JoeMerchant on Tuesday August 01 2017, @04:22PM

      by JoeMerchant (3937) on Tuesday August 01 2017, @04:22PM (#547690)

      As long as the robots and their maintainers pay taxes, that's o.k. - working citizens need expensive infrastructure, generally more expensive than the taxes they pay themselves.

      --
      🌻🌻 [google.com]