MAGA! $10 Billion Taiwan Tech Investment in Wisconsin

If you think that president Trump is bogged down in Washington, you should see what is happening in the real world, like in Wisconsin. Out there, where it really matters, Trump is shining bright.

Look at this great story by Molly Beck and Mark Sommerhauser in the Wisconsin State Journal about a massive foreign investment that is coming to Wisconsin.

This investment would never have happened if Donald Trump had not been elected president, and it is happening after just 6 months in the White House. Naturally the ‘fake news media’ are giving it little coverage. And this is precisely why Trump’s presidency is popular outside of the sewer of Washington, DC, and why he will be re-elected in 2020.

Here are excerpt from the Wisconsin State Journal article, with a Nikitas3.com comment after each:

Wisconsin State Journal reports: In what’s being called the largest economic development project in state history, Taiwanese electronics giant Foxconn plans to build a $10 billion plant in Wisconsin that would create liquid-crystal display panels and employ as many as 13,000 people, according to the White House and Gov. Scott Walker.

The planned Wisconsin plant is expected to open in 2020 and be on a 20 million square-foot campus on at least 1,000 acres — a campus Walker’s office has dubbed “Wisconn Valley.” The plant could be the first of several facilities the company wants to build in the United States and will start with 3,000 employees — a staff that could eventually grow by 10,000, a senior White House official told reporters on Wednesday.

Nikitas3.com comment: This is direct result of policies from people like president Trump and reform-minded Republican governor Walker who was elected in November 2010 when the Wisconsin economy was going down the drain after a disastrous eight-year term under a corrupt Democrat named Jim Doyle.

Walker has done a great job revitalizing the Wisconsin economy and was considered a front-runner for the presidential nomination in 2016, but we know what happened there.

Wisconsin State Journal reports: “It starts today with this investment in Wisconsin,” Foxconn chairman Terry Gou said at announcement in Washington D.C. on Wednesday. Gou announced his company’s plans Wednesday in Washington D.C. alongside President Donald Trump, Gov. Scott Walker, House Speaker Paul Ryan, U.S. Sen. Ron Johnson and Vice President Mike Pence.

Gou credited Trump with spurring the investment. “I met you three times. Each time you emphasized the importance of manufacturing in America and providing high-skilled jobs for American workers,” Gou said about Trump.

Nikitas3.com comment: This is striking fear into the hearts of Democrats. Because they know that their War on Trump is based on Washington politics and fake news, but that real things are happening out in the country that contravene the Democrats’ strategy to vilify Trump. They tried to do that in Wisconsin with Walker and it failed miserably. Walker is now more popular than ever.

Nikitas3.com predicts that the coming of this Foxconn factory will doom the 2018 re-election bid of far-left Wisconsin Democrat US senator Tammy Baldwin. Scott Walker could crush her as he finishes a second term as governor.

This Wisconsin optimism is going to spread too, particularly in states like Michigan, Pennsylvania and Ohio that have suffered over the last few decades. President Trump already is locking up these states for his re-election in 2020.

In Michigan, for instance, Toyota proposed in 2006 to build a non-union engine factory with more than 1,000 good jobs, but the auto workers’ union made so much noise that Toyota pulled out and the Democrat governor did nothing. In 2014, under pro-business Republican governor Rick Snyder Toyota invested $126 million in another Michigan plant. So indeed leadership counts. And more and more Americans are understanding this.

Wisconsin State Journal reports: Trump, in turn, said his election helped make the deal possible. He said Foxconn is coming “to a state that’s very close to my heart — Wisconsin.”

“If I didn’t get elected, (Gou) definitely would not be spending $10 billion” on the project, Trump said.

Assembly Speaker Robin Vos and other legislative leaders also were on hand at the White House to join the announcement of what could be a massive boost in job creation for the state.

Nikitas3.com comment: Indeed, elections have consequences. And the election of Donald Trump is fundamentally changing America for the better. It is just beginning and it started right after his election, with the Carrier deal. That is why Trump gets these enthusiastic receptions outside of Washington. Because he is for “the people” and not for the corrupt bureaucrats in Washington. The Trump haters still do not understand this.

Wisconsin State Journal reports: Walker and state officials have been building an incentive package for weeks to lure Foxconn, which is a contract manufacturer for electronic products known for making iPhones and iPads, to build a multi-billion dollar plant and has won over the company after competing against a number of other states that also sought what could be a dramatic surge in economic development.

“It’s a very exciting day here at the White House and for the country,” the senior White House official told reporters on Wednesday ahead of Trump’s afternoon press conference announcing the plan.

The plant is intended to be one of the largest manufacturing campuses in the world, according to Walker’s office, and could draw 10,000 construction jobs over the next four years while the plant is built.

Walker’s office projected the project would create at least 22,000 “indirect and induced jobs” throughout Wisconsin and will generate an estimated $181 million in state and local tax revenues annually, including $60 million in local property taxes.

Nikitas3.com comment: This would never be happening if Hillary Clinton had been elected. No, she would be offering another handout program for unemployed people along with depressing predictions about ‘climate change’ while raking in tens of millions for the Clinton Foundation from foreign governments and individuals in exchange for political favors. So it is plain to see the difference between political day and night, or ‘the people’ versus the elites.

Wisconsin State Journal reports: The White House official said the deal signals the country will “not only to see a return of those manufacturing sectors” but will be positioned to be “globally dominant within skilled and advanced manufacturing.”

The location of the campus is still being determined, according to Walker’s office, but will likely be in southeastern Wisconsin. The deal with Foxconn “is a culmination of many months of discussion” between a team of Republicans from the White House, Wisconsin and Foxconn officials, the official said.

The negotiations included Trump, his senior adviser and son-in-law Jared Kushner, chief-of-staff Reince Priebus, Ryan and Walker, he said.

Nikitas3.com comment: Southeastern Wisconsin includes Paul Ryan’s congressional district. So maybe now that pipsqueak Ryan can see that Trump means business and will stop his endless snarking at the president. Twenty years from now, few Americans will remember who the speaker of the House was in 2017. But they surely will remember Trump.

Wisconsin State Journal reports: “This has the opportunity to be one of the largest job creators in U.S. manufacturing,” Walker said. “These are excellent-wage jobs and has the ability to create tremendous spinoff benefits as the supply side gets built up around these large manufacturing plants.”

Walker said the Foxconn jobs will have an average annual salary of more than $53,000 plus benefits.

Nikitas3.com comment: After decades in which we were told that manufacturing would never return to America, Trump is proving this thesis wrong, just as Nikitas3.com has always said that it was wrong. Look at what Obama said about Trump during the 2016 campaign:

“When (Trump) says … that he’s going to bring all these jobs back. Well how exactly are you going to do that? What are you going to do? There’s uh-uh no answer to it. He just says, ‘I’m going to negotiate a better deal.’ Well how? How exactly are you going to negotiate that? What magic wand do you have? And usually the answer is, he doesn’t have an answer.”

Doesn’t Obama seem awfully small now?

Wisconsin State Journal reports: University of Wisconsin-Madison chancellor Becky Blank also said Wednesday she met with Foxconn officials recently “to promote the State of Wisconsin as a possible destination and illustrate the advantages of having an internationally ranked research partner like the University of Wisconsin-Madison nearby.”

“Today’s decision by Foxconn Technology Group, a top international manufacturer, to locate a plant in Wisconsin is a major leap forward for our state’s economy,” Blank said in a statement. “It also illustrates the importance of a culture of innovation, along with a strong public research university, to regional economic development.”

Nikitas3.com comment: This is typical academic duplicity. The University of Wisconsin is one of the most left-wing places in America. They hate Scott Walker. They despise Trump. But you can be sure that they will be groveling for every nickel they can get out of this project, like typical socialists who can smell money a mile away.

Wisconsin State Journal reports: State lawmakers will need to approve an incentive package for Foxconn as part of the deal. A special legislative session will be called to pass the package, Walker’s office said, and will total $3 billion over 15 years, including $1.5 billion in state income tax credits for job creation; up to $1.35 billion in state income tax credits for capital investment and up to $150 million for the sales and use tax exemption.

Nikitas3.com comment: This is how you attract investment – you reduce taxes, not raise them. It is basic economics. You should be nice to rich people. They have the cash.

Wisconsin State Journal reports: But some Democratic lawmakers have expressed skepticism about Foxconn’s reported plans.

“The bottom line is this company has a concerning track record of big announcements with little follow through. Given the lack of details, I’m skeptical about this announcement and we will have to see if there is a legislative appetite for a $1 to $3 billion corporate welfare package,” Sen. Jennifer Shilling, D-La Crosse, said, referring to the company’s 2013 announced plans to build in Pennsylvania that never materialized.

Fitchburg Democratic Rep. Jimmy Anderson blasted the deal as a multibillion-dollar handout” and said “taxpayers should not be subsidizing private corporations at the expense of our children, school and roads.”

Nikitas3.com comment: Once again Democrats seek to squash optimism and opportunity. They do this everywhere and the do it all the time, like telling us that the world is ending in ‘global warming’ or that our jobs will never come back. This is why liberals have less political power in America today than at any time in the last 100 years. They have destroyed themselves with negativity and corruption while good Americans are honest and optimistic. After all, Trump won the presidency with four simple words – Make America Great Again.

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