Cenk Uygur
@TheYoungTurks·6.5M subscribers·72.8K videos
People Speaking Out Against American FOXCONN Plant
Posted
August 12, 2017
Views
69,989
Likes
1,339
Comments
323
Engagement
2.37%
August 12, 2017
69,989
1,339
323
2.37%
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5:05
6:46Now PlayingHow much are the taxpayers of Wisconsin giving FOXCONN? Cenk Uygur, Ana Kasparian, and Kim Horcher the hosts of The Young Turks, break it down. Tell us what you think in the comment section below.
“MILWAUKEE -- Wisconsin taxpayers won't break even on the proposed Foxconn deal for at least 25 years. Non-partisan budget analysts at the Capitol said Tuesday, August 8th that's only if Foxconn keeps its commitment to build a $10 billion plant and hire 13,000 people. If people from Illinois make up more than 10 percent of Foxconn's workforce, or if the company falls short of 13,000 employees, taxpayers won't be made whole until beyond 2045. The analysis got to lawmakers Tuesday, two days before a planned committee vote. Democrats said the new details made them more likely to vote no.
"I think we really need to put the brakes on this, really slow down and vet this bill to make sure we get the right deal for Wisconsinites," Rep. David Crowley, D-Milwaukee said.
Governor Scott Walker responded by comparing the Foxconn deal to the Green Bay Packers signing DE Reggie White -- calling both "transformational." Walker said the deal is about more than the effect on tax revenue.
Foxconn was the focus of a town hall meeting in Milwaukee Tuesday night -- where some asked whether it's worth it.”
Read more here
Hosts: Cenk Uygur, Ana Kasparian
Cast: Cenk Uygur, Ana Kasparian
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Young Turk (n), 1. Young progressive or insurgent member of an institution, movement, or political party. 2. A young person who rebels against authority or societal expectations.(American Heritage Dictionary)
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