The latest non-partisan estimates show it would take 25 years for Wisconsin to break even on its potential investment in Foxconn. That number is the tip of a risk iceberg that Wisconsin citizens should avoid at all costs.
On the one hand, 25 years in the technology field is a millennium anywhere else. The odds that Foxconn will still exist long enough to realize any reasonable return on that investment, or that their products will even be relevant and viable that far into the future, are slim to none.
On the other hand, any estimate for public expenditure is just that, an estimate. Naming even one public project that came close to budget would be beyond the ability of any state resident. The odds that the project wouldn't ultimately cost taxpayers many times more than this initial projection are beyond long.
This is a bad deal for the people of Wisconsin no matter how you look at it. If our governor and legislators decide to take this plunge, they will unquestionably be diving into an empty pool.
Dennis B. Appleton, Madison