Did Scott Walker’s multi-billion dollar deal with Foxconn cost him the Wisconsin governor’s race? It certainly didn’t help.
Walker, the Republican incumbent, lost his bid for a third term yesterday by a 1.1 percentage point margin to Democrat Tony Evers. Health care, taxes, education, and immigration all were key issues in the campaign. But, as widely reported (see these excellent pieces in The Verge and the New Yorker) and discussed in this space last week, Walker’s cocktail napkin agreement with Foxconn, the Taiwanese company that is the world’s largest contract electronics manufacturer, proved a huge political albatross. Walker offered $3 billion in state subsidies in exchange for a promise from Foxconn to build a $10 billion liquid crystal display factory in Racine County. The facility was to generate 13,000 jobs.