The Journal Times in its editorial disparaging the Redevelopment Authority of Racine’s potential grant in support of Wild Root Market trotted out a tired piece of conservative fortune cookie “wisdom.” Referring to the proposed funding the Editorial Board opined: “Is this a case of government picking a “winner” by giving one proposal a leg up?”
This is a baffling sentiment coming from an Editorial Board that has been a consistent cheerleader for the state’s massive financial support of the Foxconn project. In the case of Foxconn, Wisconsin taxpayers will cough up anywhere from $250,000 to $1,000,000 (depending on who’s running the numbers) for each job created. In contrast, the City of Racine’s proposed $390,000 investment in Wild Root Market will result in as many as 50 jobs, roughly $8,000 per job created. (The bulk of the funding for Wild Root will come from members and private loans).
In addition, the editorial consistently refers to the proposed city grant to Wild Root as a “donation.” Correct me if I’m wrong here but I’ve never read an article or editorial in the Racine Journal Times referring to the massive taxpayer support for Foxconn as a “donation.”
One has to ask: when it comes to Wild Root Market are the members of the Editorial Board simply math-challenged? Or is there another agenda at work here?