Much of the routine trade and investment between China and America is entirely appropriate and in America’s interest. But inserting the Chinese Communist Party into America’s pay-to-play system and its economic development strategy isn’t just crossing a line. It’s a leap into an abyss of stupidity.
But supporting EV production will save the world. But EVs are the future. But so many jobs will be created. But an EV company will be an economic engine for the future. But the tens of millions of tax dollars given away will reap unlimited rewards. All lies, all a scam.
It not more than they agreed to. Illinois is the Kiss of Death for businesses. The state is run by the public sector, and they do not care about jobs for the private sector.
The company is trying to survive. The government requirement for all of us to purchase electric cars as changed, no more tax benefit, etc. JumboJB went all in, of course, on this and the electric busses and the rest of the crap the Biden administration wanted. Now they are just trying to survive. The electric busses already packed up, took their bonuses and walked away.
It’s a great scam, if you can pull it off. In Illinois, no problem-Governor Pritzker has your back.
Meanwhile big boy wants to bring electric locomotives to Minooka, nothing to see here more taxpayers money donated
It’s much more rewarding for Putzger to get behind the mic and say I brought Rivian here, than truthfully say I got us 6 people jobs that make the little covers that go on tire valves
Perhaps because of sheer ineptitude and/or gross fiscal mismanagement of the state, JB either 1) didn’t sign an agreement that required financial disclosure and accountability for the state resources that were gifted to Rivian or 2) he is too afraid to enforce it lest even another employer leave the state. Either way is unacceptable.