Paul Ryan on Foxconn’s Deal in Wisconsin: This Is a ‘Gamechanger,’ and I’m Glad It Came to Wisconsin

‘We’ll be the industrial park for Silicon Valley’

RUSH EXCERPT:

RYAN: "As you know, local governments compete with each other all the time for economic development to be able to land job creation. This is no different than this. The reason why I think this is such an exceptional case, Foxconn, is because I see this as a game changer. I see this as bringing -- this is up to 3,000 jobs. You said 3,000. That's up initially. Up to 13,000 when it's all said and done. 10,000 construction jobs. More importantly, it brings an entire sector to Wisconsin. By the way, that's your state government you're talking about. The state government, that's all contingent. That's all contingent on these jobs being produced in the first place. At the end of the day, after 15 years, $10 billion of pay rool coming into southeastern Wisconsin. The reason why I think this is exceptional and such a game changer is it brings a whole new sector to Wisconsin. Scott calls it -- Scott walker calls it wisconvalley. We'll be the industrial park for Silicon Valley. What I mean when I say that, it is really in our interest to get ahead of the curve on tomorrow's high-skilled, high-tech manufacturing jobs. More jobs are tied to Wisconsin per capita than any other state and we always have to stay ahead of the curve. By making sure we're bringing this sector to Wisconsin, which will bring other jobs and other employers, so we have high-skilled, high-tech jobs, that is very good for Wisconsin's future. So, what I worry about is not just the skills gap that we've been talking about all this time, but I worry that Wisconsin manufacturing will not stay in the cutting edge. By getting Foxconn here, that helps us do that."

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