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By the Numbers: How the false promise of Foxconn adds up

Reviewing the Foxconn costs and risks, without the rose-colored glasses, presents different assumptions about Foxconn job creation yield and their price tag for taxpayers. The cost of the proposed new tax credits for the tentative deal with Foxconn could be far larger per job created than some people have suggested. Those costs will vary greatly depending on the ratio of spending for payroll versus the capital expenditures. The more that Foxconn invests in its facilities and state-of-the-art automation, rather than payroll, the more the proposed deal will cost state taxpayers per job created. A new Wisconsin Budget Project report...

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Mortgage lending structures reinforce segregated poverty

White residents of the Milwaukee metropolitan area have significant more access to mortgage lending than black and Hispanic residents, according to a 2016 report that highlights how lending patterns affect different communities. Whites represent 70% of the population in the Milwaukee area, according to the report from the National Community Reinvestment Coalition, yet received 81% of the mortgage loans made in 2014. African Americans are 16% of the population but received only 4% of the loans. Hispanics represent nine percent of the area’s population, and received four percent of the total loans. The Milwaukee metropolitan area includes Milwaukee County...

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State Corrections policies and the high cost for Milwaukee

Wisconsin’s overuse of jails and prisons has resulted in outsized costs for state residents. By emphasizing high-cost incarceration that has produced questionable results over less expensive alternatives, lawmakers require taxpayers and communities to pick up the bill for the state’s short-sighted priorities. Part of the cost for Wisconsin’s corrections policies come out of the pockets of taxpayers. Wisconsin state and local governments spend about $1.5 billion on corrections each year, significantly more than the national average given the size of our state. The high cost of Wisconsin’s correction policies have made it more difficult for the state to make...

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Rising tide of poverty adds to challenges in Milwaukee Schools

As the new school year approaches, Wisconsin schools face significant challenges, including class sizes that have grown faster than the national average, an increasing number of students living in poverty, and a reduction in state support for education. Schools have long been an engine of our state’s economic growth. Wisconsin has depended on a well-educated workforce, shaped by excellent public schools, to lay the foundation for our prosperity. To ensure that Wisconsin is competitive in the future, our schools must have the resources to offer students a high-quality education. Only then can we create a future workforce that is...

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