The upcoming data center, owned and operated by Microsoft, is projected to hire 2,300 unionized workers for the construction phase and will later require 2,000 permanent employees at the facility.
Racine, the site of the facility, was once a thriving manufacturing hub in the state of Wisconsin. However, due to globalization and a decline in manufacturing, the area experienced significant job losses.
Related posts
During his speech on Wednesday, Biden attributed the decline in employment in Racine and similar areas to the “trickle-down economics” embraced by Trump and his advisers. He also mentioned a memorable incident where the former president, accompanied by Republican Senator Ron Johnson and then-governor Scott Walker, used a gold-colored shovel for a groundbreaking ceremony at the facility. However, despite the hype surrounding the event, nothing ever materialized from it.
The state spent over $500 million on acquiring and developing the site, but Foxconn failed to fulfill its promised investment.
Biden expressed astonishment at the situation, remarking, “Just take a look at what unfolded – they used those golden shovels to dig a hole, only to end up falling right into it.” He further noted that numerous homes had been purchased and demolished, all funded by the hard-earned tax dollars of the people of Wisconsin, for a project that ultimately never came to fruition.
“It’s amazing how Foxconn turned out to be nothing more than a con,” he exclaimed with a hint of sarcasm. “Who would have thought?”
During Trump’s term, Biden highlighted the fact that 83,500 individuals had departed from the Badger State. Conversely, he pointed out that since assuming office in 2021, Wisconsin has experienced the creation of 178,000 new job opportunities.
During a recent address, President Biden emphasized the impact of his administration’s “Investing in America agenda.” He proudly stated that this initiative has generated an impressive $866 billion in private sector investment across the nation. Furthermore, he highlighted the significant contribution it has made to job creation, with hundreds of thousands of new positions being added to the US economy. The president also pointed out that this initiative has facilitated the establishment of various key manufacturing facilities, such as semiconductor factories, electric vehicle production plants, and battery factories. These accomplishments are just a glimpse of the extensive developments brought about by the “Investing in America agenda.”
In a speech brimming with optimism and centered on the economy, the president also assured that the job growth witnessed during his tenure is just the start.
“We are witnessing the remarkable resurgence of America, not just in Wisconsin but throughout the entire nation. The fundamental principle that has always driven our success is providing equal opportunities to everyone, ensuring no one is left behind, and fostering bottom-up economic growth rather than top-down approaches,” he passionately expressed. The crowd of enthusiastic union workers responded with fervor, chanting “four more years” as he concluded his speech.
The president’s visit to Wisconsin was a clear message of disapproval towards the former president. Meanwhile, the ex-president was scheduled to spend the day in his Palm Beach, Florida home, meeting with supporters who had purchased Trump-branded NFTs. This meeting took place during a temporary break from his ongoing New York criminal trial, where he faces charges of allegedly falsifying business records.
The White House stated that Biden’s visit to the state was intended to highlight “a community that lies at the core of his dedication to investing in places that have historically been neglected or failed by the policies of the previous administration.”
“The White House stated that President Biden’s Investing in America agenda is aimed at stimulating economic growth from the middle class and lower income groups. This agenda intends to provide American citizens with greater financial flexibility, while also promoting substantial private sector investments in emerging industries such as AI, clean energy, semiconductors, and more.”
