Foxconn Finally Admits Con

But Wisconsin remains on the hook for as much as $1.34 billion for the doomed project. The folly of throwing money at corporations as a jobs strategy has never been clearer.

by

The American Prospect depends on reader support

If you are scraping by right now, please don’t give us anything. But if you have the ability to support independent, non-profit journalism, we are so grateful. Your voluntary contribution helps keep this website paywall-free. You can sign up as a subscriber with a range of benefits, including an opt-in to receive the print magazine by mail.

Click to View Subscriber Levels: IDEAS, POLITICS & POWER