The Eighth Wonder of the World

[malaise]

https://www.theverge.com/21507966/foxconn-empty-factories-wisconsin-jobs-loophole-trump

HOPES WERE HIGH among the employees who joined Foxconn’s Wisconsin project in the summer of 2018. In June, President Donald Trump had broken ground on an LCD factory he called “the eighth wonder of the world.” The scale of the promise was indeed enormous: a $10 billion investment from the Taiwanese electronics giant, a 20 million-square-foot manufacturing complex, and, most importantly, 13,000 jobs.

Which is why new recruits arriving at the 1960s office building Foxconn had purchased in downtown Milwaukee were surprised to discover they had to provide their own office supplies. “One of the largest companies in the world, and you have to bring your own pencil,” an employee recalls wondering. Maybe Foxconn was just moving too fast to be bothered with such details, they thought, as they brought their laptops from home and scavenged pencils left behind by the building’s previous tenants. They listened to the cries of co-workers trapped in the elevators that often broke, noted the water that occasionally leaked from the ceiling, and wondered when the building would be transformed into the gleaming North American headquarters an executive had promised.

The renovations never arrived. Neither did the factory, the tech campus, nor the thousands of jobs. Interviews with 19 employees and dozens of others involved with the project, as well as thousands of pages of public documents, reveal a project that has defaulted on almost every promise. The building Foxconn calls an LCD factory — about 1/20th the size of the original plan — is little more than an empty shell. In September, Foxconn received a permit to change its intended use from manufacturing to storage.nip>

[LakeArenal]

1. We knew it was a con not Foxcon.

Wanker and Ryan days. I love trump did the first dig taking credit. He had nothing much to do with it except those optics.

[Blue Owl]

2. Turns out it was just the eighth blunder of the turd

What was that saying again about everything tRump touches? Oh yeah, turns to shit...

[malaise]

5. THIS

The good news - he lost Wisconsin

[TexasBushwhacker]

3. $400Million of Wisconsin taxpayer dollars

Un-fucking-believable

[malaise]

6. The question is - where is that money?

[TheBlackAdder]

11. Yep.

.



.

[malaise]

12. Love it

[TheBlackAdder]

13. If you haven't seen it, it was from the Will Smith movie, iRobot.

.

At first I thought it was going to be a lame movie, but the more I watch it, the more I like it.

.

[NRaleighLiberal]

4. Fox. Con. no surprise there. (faux con, more appropriately)

[malaise]

7. Indeed

It was all a Con

[Poiuyt]

8. I put most of the blame for this on Scott Walker

He had made a campaign pledge to add 250,000 jobs. When it didn't happen, and indeed Wisconsin fell behind our upper Midwest neighbors, Walker became desperate to do something, anything. He sold out the state to land the Foxcon deal despite all kinds of warnings about how Foxconn never lives up to its end of a bargain. In the end, he gave Foxconn a huge deal that they then reneged on.

[captain queeg]

9. Sort of like Lordstown in Ohio

Though that was supposed to be repurpose of a huge existing empty plant. Never panned out, a small company did move in with a fraction of the old GM employees. Trump is always taking credit for something that is supposed to happen and never does. But that second part never registers with him. He still thinks he brought back a bunch of auto industry jobs. Guess you can’t fault him there, all the MAGAt continue to believe his boasts and never register the actual facts.

[malaise]

10. the MAGAt continue to believe his boasts and never register the actual facts

They only hear the promise and don't follow up on the facts

[modrepub]

14. Private Company Asking For Government Money?

If it's so lucrative, then it should be able to get its own private financing, right?

[BSdetect]

15. More socialism for corporate america and many pay no taxes despite being "people".

It is truly dumfuckistan