Gov. Tony Evers said Wednesday that electronics maker Foxconn Technology Group is unlikely to employ 13,000 workers in Wisconsin as it has said it could and that the state’s deal with the company may need to be “downsized” as a result.
The structure of the deal already accounts for Foxconn missing their jobs obligation and protects the taxpayers. If Evers reopens the contract, he is dealing from a position of weakness. Foxconn doesn’t have to agree to anything else and could just walk away. While I’m sure that Evers and his lefty cohorts would be pleased with their self-fulfilling prophecy, it would be terrible for Wisconsin for a generation or more. It would mark Wisconsin as a state that won’t stick to their contracts for businesses around the world.