A ‘Dumpling’ of a Deal
l3wis So this bank president wrote an editorial, that I won’t even link, because it read like an internal memo to the Chamber of Commerce, but he had to tell us how great it is for the state to be dumpling millions in taxdollars and rebates to the new dumpling factory being built in Sioux Falls. He also downplayed the conflicts of interest and scandals around the place because we are going to get 650 JOBS!
And that is the real reason we got this dumpling of a deal. Low wages, no corporate income taxes, TIFs, tax rebates, state backed low interest loans, direct handouts. Things couldn’t look better for the Koreans that will be making BANK from our cheap labor. There is even rumors they are going to build apartment complexes around the facility so the workers won’t have transportation costs. Kinda tells you what kind of labor demographic they are looking at (I bet they will build them a big community garden right next to the Data Center);
Ironically, looks like a line worker makes more then a teller at the bank the writer of the editorial runs;
I love it when these corporate rats climb out of their luxury suites at the Denty and decide to address the minions to tell us how good we have it.
Recently they have said that if the Federal Minimum Wage kept up with inflation, it would be at about $23 per hour in 2026. It is Not, it is about a third that.
I still think a living wage in Sioux Falls is $20 an hour if it comes with benefits and investment opportunities.
I guess low wage companies are going to come to our state whether we like it or not, but please, stop using my tax dollars to incentivize foreign investors. You clearly did NO research on Korean work ethic, but I have a feeling they will try to instill it here. Can’t wait to read those horror stories.
When fat ass bank presidents try to tell me about all the golden opportunities for the community because he gave away MY tax dollars to his rich buddies, it reminds of this story about a guy who wants an island, and he wants me to pay for it. I know. CRAZY! Besides, there is only one dumpling in this world worthy, the softball sized flour dumplings at Bohemian Cafe in Omaha (RIP). You put in a factory like that, and I will open a Kolache and Kuchen bakery next door.
