By Greg LeRoy, Fast Company
The biggest jobs deal yet to be announced during the new presidential administration exemplifies everything that’s wrong with our nation’s economic development system.
The tone was giddy as President Donald Trump himself headlined a July 26 White House event to announce that Taiwanese electronics maker Foxconn will build a large new plant in southeastern Wisconsin. Warming up the crowd were Foxconn chairman Terry Gou, Wisconsin Gov. Scott Walker, and House Speaker Paul Ryan, in whose Congressional District the plant will likely reside.