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Re: Congratulations Wisconsin!

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@MIseker wrote:
same ol same ol..its not really about the worker.

With Republicans, it's NEVER about the workers. One jrbush sponsored scam in Kentucky's Harlen County gave huge subsidities to a private Corporation that came in with good jobs, benefits and a workers pension. They got Government subsidies and tax forgiveness for 10 years, then they closed shop and moved the entire operation to Mexico, taking the Workers Pension fund with them, half of which had been contributed BY THE WORKERS.

 

That is what the GOPerLords want to do FOR all Corporations and TO all workers. If you doubt this, take a close look at the taxscams of Reagan, jrbush and Der Trumper and see if you can puzzel out WHO got all the goodies. (HINT: It was NOT the 99%)

 

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Re: Congratulations Wisconsin!

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@phyllisc6781 wrote:

@john258—China is the biggest threat to the American economy, and that is nothing new. PhDs have been talking about this since the 90s. 

 

Gee, I miss having a real president!


The US has been the biggest influence on the economy in China. China sent students to the US for college on up since the late 80, and they are now taking over in China. China very much mirror's what you see here in the US. When you have leaders who were schooled here you do not have real Communism, and China does not. Once one has been there they understand that, and can really deal with the country. The ties are very close on the business side, and the people there want to be like Americans, and more and more are everyday. China is the largest economy in the world, and we should try and work with them wherever we can and continue to lead them in our path. There was a Prof. from Harvard who was part of the group I was with on one trip. While in the Capitol her former students threw a dinner in her honor as they spent an evening with her. She told us that China was in the same place as the US was in the 1920 on labor law, and business and moving forwarded quickly.

Trump has given up leadership. Fact is they are leading  him and he does not understand that, and that is another reason why he is so dangerous to the US future.

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Re: Congratulations Wisconsin!

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same ol same ol..its not really about the worker.
So it begins.
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Re: Congratulations Wisconsin!

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@Olderscout66 wrote:

Let's take a closer look at the wonderful deal Wisconsin Republicans credit to Der Trumper's improved business climate. Is it REALLY possible Wisconsin Republicans will pay $250M to get back $181M?

 

Here's another route to the same conclusion:

 

Wisconsin taxpayers will hand the Commies $250M every year for 15 years, total $3.75Billion.

The Commies plan to hire 2,080 Wisconsinites (1040 first year then another 1040 added in the second year).

That comes to ($3.75B/2080=) $1,802,884 PER WORKER.

But each worker will only be paid $35/hr (including all benefits) or $64,750 each year, which is $971,250 for 15 years, leaving the commies a "profit" of  $831,634 for each job they create.

Even if the workers were paid for 2080 hours, their cost would only be $72,800/year or $1,092,000/worker for a "profit" of $710,884 for each new job. By the way, 2,080 jobs at $72,800 each is a shade UNDER $150M/year, not close to the $181M claimed, so it would seem whoever did the analysis showing $250M in for $181M back was adding in a LOT of "benefits" for Wisconsin beyond the increased employment.

 

But here's the real rub - those $64,750/year jobs would NEVER be offered if the Commies were not certain each worker would add MORE than that amount to the value of the companies products, and Wisconsin Republicans have agreed to forgive taxes on that extra value for 15 years.

Now do you wonder why the Commies were okay with building a plant in Repubican controlled Wisconsin?

 

In short, Wisconsin GOPers have sealed a deal with the Commie Chinese that is as good or better than the typical Republican subsidity to Corporate America, paid for by Middle Class America.

 

Oh, and don't forget - the Commies, just like American Corporations, are not bound to continue to operate the factory once the subsidities end, and as a general rule, American companies getting special favors stop their operation when the favors stop. Then they move somewhere Republicans have offered them better favors - it's that old GOPer game of "Begger Thy Neighbor" GOPerGovs play to depress workers wages for their Corporate owners. No reason to assume the Commies will be any different.


Socialism for the rich with the illusion of our beloved Capitalism. Its like buying health insurance..pay the middleman for entry, make him wealthy to continue. Back in the day one of our competitors was in Racine. I was making 38K before overtime..with those full benefits..and so were those competitors in Racine. We all automated and sent the jobs to China. Scout is right about businesses leaving when the subsidy is over. They close up and leave just before the bulk of the employees can draw a promised pension, tossing the worn out bodies back to the taxpayer.But look at that stock market eh?

 

So it begins.
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Re: Congratulations Wisconsin!

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Message 5 of 24

Let's take a closer look at the wonderful deal Wisconsin Republicans credit to Der Trumper's improved business climate. Is it REALLY possible Wisconsin Republicans will pay $250M to get back $181M?

 

Here's another route to the same conclusion:

 

Wisconsin taxpayers will hand the Commies $250M every year for 15 years, total $3.75Billion.

The Commies plan to hire 2,080 Wisconsinites (1040 first year then another 1040 added in the second year).

That comes to ($3.75B/2080=) $1,802,884 PER WORKER.

But each worker will only be paid $35/hr (including all benefits) or $64,750 each year, which is $971,250 for 15 years, leaving the commies a "profit" of  $831,634 for each job they create.

Even if the workers were paid for 2080 hours, their cost would only be $72,800/year or $1,092,000/worker for a "profit" of $710,884 for each new job. By the way, 2,080 jobs at $72,800 each is a shade UNDER $150M/year, not close to the $181M claimed, so it would seem whoever did the analysis showing $250M in for $181M back was adding in a LOT of "benefits" for Wisconsin beyond the increased employment.

 

But here's the real rub - those $64,750/year jobs would NEVER be offered if the Commies were not certain each worker would add MORE than that amount to the value of the companies products, and Wisconsin Republicans have agreed to forgive taxes on that extra value for 15 years.

Now do you wonder why the Commies were okay with building a plant in Repubican controlled Wisconsin?

 

In short, Wisconsin GOPers have sealed a deal with the Commie Chinese that is as good or better than the typical Republican subsidity to Corporate America, paid for by Middle Class America.

 

Oh, and don't forget - the Commies, just like American Corporations, are not bound to continue to operate the factory once the subsidities end, and as a general rule, American companies getting special favors stop their operation when the favors stop. Then they move somewhere Republicans have offered them better favors - it's that old GOPer game of "Begger Thy Neighbor" GOPerGovs play to depress workers wages for their Corporate owners. No reason to assume the Commies will be any different.

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Re: Congratulations Wisconsin!

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   Someone forgot to look up the history of the organization who they are using as their prop.   WEDC

 

   

The deal is being criticized for the $3 billion in tax-payer funded incentives given to Foxconn.[56] The state of Wisconsin would have to pay a subsidy to Foxconn of up to $250 million each year for fifteen years.[57] An analysis by the Wisconsin State Legislature's nonpartisan budget office determined that state taxpayers would recoup their investment in 2043.[58]

In return, the deal would return an estimated $181 million each year. This loss, according to economics professor Michael Hicks, amounts to a payment of $1,200 from each household to Foxconn.[59]

 

     As always, consider the source.  (WEDC).    If you hire the cheerleader, then are you supposed to be surprised when they cheer for you?   

 

   According to this source WSL - pay $250M / year in subsidies to get $181M.      Deal of the Century per Walker .   

PRO-LIFE is Affordable Healthcare for ALL .
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Re: Congratulations Wisconsin!

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@john258—China is the biggest threat to the American economy, and that is nothing new. PhDs have been talking about this since the 90s. 

 

Gee, I miss having a real president!

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Re: Congratulations Wisconsin!

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I know how a lot of people feel on this subject, but be careful, and really learn a little about what is going on with China. I do not think Wisc. should give anything to get the  plant of the business from China. Let them build it with their own money.

Here is what I have seen when I was in China a number of times.

1.Buick was the leading car sold in China.  GM builds them in China, and is why GM kept that brand during its last brand down sizing.

2. Boeing is the leading maker of airplanes you fly on there. It replaced the Russians in the 90.

3. KFC is the largest fast food chain in China.

4. Pepsi is the leading Cola.

5. Malls all over China are just about the same as here. They have most of the same brand stores as we have.

6. You see Cat and other US brands used in construction all over.

7. I think everyone knows that much of what we wear and use is built there. I had the chance to visit some of the factories.

8. China built an interstate highway system in 1/2 the time we did.

9. Railroads were mostly steam in 1985, and now are mostly electric, and their track system is better than what we have.

10. They teach English in all schools starting around 3rd grade. English is like a universal language as their are a number of different versions of the Chinese so they use English when speaking to someone using Chinese they do not understand. I have seen this for myself.

11. They have ownership in a lot of US banks.

My guess is if they pulled all of investments out of the US we would be hurt badly.

You have to understand China to really be able to deal with China. Trump does not understand them.

 

 

 

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Re: Congratulations Wisconsin!

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@rker321 wrote:

@GailL1 wrote:

@rker321 wrote:

Gail, I believe that we are not talking about the same thing, are we? I was referring to the Chinese company that is not a manufacturing  corp but a co. that will build roads in WI


You have lost me and this thread too.

??????????????


What does FoxCom  do.?  I believe for what I have read that is a manufacturing company. I do applaud any company that comes to the US and starts a manufacturing plant. But I was reading in this thread that there was a Chinese co. that was coming to WI  to build roads on the tax payer dime. So. where did I go wrong?


I believe you have misread, rker321


* * * * It's Always Something . . . Roseanne Roseannadanna
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Re: Congratulations Wisconsin!

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@GailL1 wrote:

@Olderscout66

 

You consider those wages which I posted from the Journal Sentinal to be below par for the work and area?

 

Between $24 - $28 an hour depending upon their job with benefits. Per the JS article which I linked - The company will pay 100% of individual health insurance including dental and vision coverage, and 50% of family insurance, according to the review. Employees will get 10 holidays per year, life insurance and a 401(k) plan, the review says.

 

What competition?  Ever think that other manufacturers in the general area might have to up their wages to keep their employees when this hiring frenzy begins.

 

Low Unemployment and the availability of more jobs causes businesses to have to hire at higher wages and pay good wages to keep their good employees.  No longer do people have to accept just whatever minimum wage job they can get or work multiple of low wage jobs - if they have the skill set or the learning capabilities they have a change to brighten their future.

 

From what I have read on the plan (see my JSonline link), this taxpayer investment will reap BIG rewards for the people and their communities in very little time.

 

 


Absolutely, it's not brain science. Subsidies are an everyday occurrence. Our liberal friends seem to forget  the billions and billions given yearly by Obama to companies engaged in solar energy. Sadly, too many, far too many, went belly up after spending all of our billions of tax dollars.

You have to understand, no matter how beautiful and wonderful the painting, it can't be appreciated by those totaly blind.

 

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