President Trump, as a part of his tariff the planet agenda, has begun to announce that companies have already committed to investing hundreds of millions to billions of dollars in the United States as a result of his trade policies.
The problem is, we here in Wisconsin remember all too well what can happen when a business over promises and under delivers. Foxconn, the Taiwanese electronics manufacturer, promised our state a $10 billion investment that included a state of the art production facility that would lead to as many as 13,000 jobs. After many years of trials, tribulations, “re-imagining” of the facility, and missed deadlines, all Wisconsin got were a few new buildings that eventually were purchased by Microsoft.
The Libertarian Party of Wisconsin (LPWI) would like to remind everyone that there are no guarantees in business. Counting dollars invested before they are actually spent is a recipe for disaster. Meddling with the free market through crony capitalism by promising tax breaks and “free” money subsidies only leads to more pressure on the taxpayers.
Free trade, small government, and minimal taxation is the best way to restore liberty to all Americans.
“If you have been voting for politicians who promise to give you goodies at someone else’s expense, then you have no right to complain when they take your money and give it to someone else, including themselves.” – Thomas Sowell
For more on the Libertarian Party of Wisconsin, please visit www.lpwi.org.
