Wisconsin’s failed Foxconn deal offers a key lesson on corporate welfare

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Foxconn was supposed to bring 13,000 jobs to Wisconsin. It was supposed to revitalize American manufacturing. It was supposed to, as President Trump put it, be “one of the great deals ever.” Most of all, it was meant to be a living proof of concept that manufacturing could come back to the U.S. and that Trump was the man to do it.

Instead, the much-discussed project is a multibillion-dollar boondoggle that is hurting the very people it was meant to help.

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