Foxconn’s economic fallacy highlighted as Amazon expands even after not getting billions in public cash
Research on the economic effectiveness of government subsidies found that Wisconsin’s $4 Billion Foxconn deal will not work and could be a significant detriment to the regional economy. The data continues a factual stream of information that has unraveled the “Big Foxconn Lie,” and indirectly supported by a comparable situation in New York with Amazon.com U.S. Congresswoman Alexandria Ocasio-Cortez suggested on December 7 that the Trump administration “focus more on cutting public assistance to billionaires instead of poor families” after news broke Friday that Amazon was expanding its presence in New York City without the state giving the company...
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