Biden trolls Trump by unveiling new $3bn facility on website of failed FoxConn plant | EUROtoday

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Nearly six years after then-president Donald Trump promised Racine, Wisconsin residents that the “eighth wonder of the world” would rise there within the type of a chip manufacturing unit operated by Taiwanese semiconductor large Foxconn, President Joe Biden delivered on the promise of a brand new facility with long-term employment prospects for Wisconsinites as he introduced the development of a $3.3bn synthetic intelligence information centre on the positioning the place the deliberate Foxconn plant by no means materialised.

The information centre, which might be owned and operated by Microsoft, is about to make use of 2,300 unionised staff throughout the building section of the mission, and can ultimately want 2,000 everlasting staff on the facility.

The location of the ability, Racine, was as soon as a Badger State manufacturing powerhouse till globalisation and slowdowns in manufacturing led to large job losses there.

Mr Trump, who promised an industrial renaissance throughout his time in workplace, appeared in Racine in June 2018 to announce the development of a Foxconn semiconductor fabrication facility that he claimed would create 13,000 jobs.

But that deliberate fabrication facility by no means got here to fruition, leaving a vacant website and reminiscences of damaged guarantees from Mr Trump’s go to six years in the past.

Mr Biden blamed “trickle-down economics” favoured by Mr Trump and his advisers for the decline in employment in Racine and locations prefer it as he recalled how the ex-president had introduced a gold-coloured shovel to interrupt floor on the ability.

“Look what happened — they dug a hole, those golden shovels and then they fell into it,” he mentioned, including that “hundreds of homes” had been “bought and bulldozed” utilizing Wisconsinites’ tax {dollars} for “a project that never happened”.

“Foxconn turned out to be just that — a con,” he mentioned. “Go figure”.

Mr Biden continued, noting how 83,500 had truly left the Badger State throughout Mr Trump’s time period, in contrast with the 178,000 jobs which were created there since he took workplace in 2021.

“We’re gonna create more here in Racine, big time,” he mentioned.

He added that his administration’s “Investing in America agenda” has “created $866 billion in private sector investment nationwide” had added tons of of 1000’s of jobs to the US economic system, “building new semiconductor factories, electric vehicles and battery factories and so much more”.

Mr Biden additionally promised that the job development seen on his watch up to now is “only the beginning”

“We’re seeing the great American comeback story all across Wisconsin. And quite frankly, the entire country. The bottom line is we’re doing what’s always worked in this country, giving people a fair shot, leaving nobody behind and growing the economy from the bottom up — not the top down,” he mentioned, simply earlier than closing his remarks to chants of “four more years” from a boisterous crowd of union staff.

The president’s look in Wisconsin was a direct rebuke to the ex-president, who on Wednesday was anticipated to spend the day at his Palm Beach, Florida house assembly with supporters who bought Trump-branded Non-Fungible Tokens whereas on a day-long break from his New York legal trial on fees of allegedly falsifying enterprise information.