Assuming the only other alternative to making the Foxconn deal is "and nobody else wanted to use the land for anything that would have created any revenue or jobs or benefit to society" you're still not right.That's rarely the world we live in though, so it's worse than that best case scenario.
As part of the deal, it has seemed very likely that Foxconn will use eminent domain to seize property from people. If the whole debacle really does shit the bed and "no profit, no rebate" then I think there's a valid argument to say that there was no "public good" need to seize that land. This isn't even getting into the infrastructure costs the state has to lay out on road work/etc, or the cost of legal fees, court time, etc this project draws.
There are costs. They have nothing to do with rebates. This deal has a really high probability of being a net loss for the state (plus creating a likely "fool me once..." feeling with the voters for the next project that feels similar).
As part of the deal, it has seemed very likely that Foxconn will use eminent domain to seize property from people. If the whole debacle really does shit the bed and "no profit, no rebate" then I think there's a valid argument to say that there was no "public good" need to seize that land. This isn't even getting into the infrastructure costs the state has to lay out on road work/etc, or the cost of legal fees, court time, etc this project draws.
There are costs. They have nothing to do with rebates. This deal has a really high probability of being a net loss for the state (plus creating a likely "fool me once..." feeling with the voters for the next project that feels similar).