It’s common for governors to stage publicity events to announce major job-creating investments in their state. This allows them to take implicit credit for a project that was probably helped along with tax breaks and other financial giveaways. When it came to the Taiwanese company Foxconn’s plan to build a $10 billion flat-screen plant in Wisconsin, the hype was taken to a new level.
Several states have decided the way to juice up economic development is to turn it over to a corporation outside the government bureaucracy. Is it working?
By Amy B. Dean, July 6, 2015
Over the course of the last month, Wisconsin Gov. Scott Walker has been scrambling to do damage control in the wake of revelations about one of his signature economic programs.
By Jason Stein, Mary Spicuzza and Andrew Hahn, July 10, 2015
Wisconsin's flagship jobs agency failed to run adequate checks and gave two awards worth more than $1.2 million to a financially troubled De Pere businessman who had not disclosed his problems to the state, a Milwaukee Journal Sentinel review has found.
By Madeline Behr May 31, 2015
WEDC programs steer money to prosperous Dane County while little aid goes to areas with greater economic needs, records show
By Mary Bottari May 20, 2015
During the 2010 campaign for governor, Scott Walker famously promised to create 250,000 jobs in his first term.
Toward this end, one of his first acts as governor was to privatize the state's economic development agency.
By Mike Ivey May 19, 2015
While a questionable loan to a Walker campaign donor that recently came to light has Democrats calling for a federal investigation, watchdog groups have long noted problems with quasi-private economic development agencies like the Wisconsin Economic Development Corporation.