President Donald Trump and his supporters were hoping that a deal with the Taiwanese electronics company Foxconn would create 13,000 new manufacturing jobs in Wisconsin, guaranteeing that he would win the state this election year and convince voters that he made good on his promise to bring new jobs to the Rust Belt. But the Foxconn deal, journalist Josh Dzieza emphasizes in an article for The Verge, has been a flop — and the LCD plant that was promised never materialized. Instead of a manufacturing renaissance, all Wisconsin got were “empty promises and empty buildings,” according to The Verge.
“Hopes were high among the employees who joined Foxconn’s Wisconsin project in the summer of 2018,” Dzieza explains. “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.”
In a press release touting the factor in 2017, the White House employed the hard sell. Continue reading.