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Apple Supplier Foxconn Confirms Plans to Build TV Display Factory in Wisconsin
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Foxconn is receiving $3 Billion in direct government handouts with probably a lot more giveaways. For 3000 jobs. Welfare to ordinary people is a tiny fraction of corporate welfare. If corps paid their fair share of taxes and paid workers decently, there would be no need for welfare.
These won’t be $15/hr. jobs. Just more of the same. These types of jobs already exist. There is actually a surplus of them. Want one? Go get one.
I once worked for an IT consulting firm back in 2000/2001. I was contracted at a software company in Minneapolis at the time, and they decided to outsource all of their development staff to a company in India. With the exception of the local manager, all the local dev staff were laid off within three months (one fiscal quarter), once the transition to the India staff was completed. My contract ended two months later, and was not renewed by the company.
This is a good first step, but there also needs to be some progress done to reverse all of that other outsourcing that has been done as well.
Regarding the long term impacts of this move ... time will tell. Right now, I'm sorta neutral on wether it will be a long term success or not.
This is a good first step, but there also needs to be some progress done to reverse all of that other outsourcing that has been done as well.
Regarding the long term impacts of this move ... time will tell. Right now, I'm sorta neutral on wether it will be a long term success or not.
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They are looking in the wrong places. Already a surplus of these jobs. They pay little.
One of my favorite Terry Gou quotes is "Hungry people have clear minds." The USA is the world's third most populous nation, and the notion that we can all sit around at Starbucks and play video games because we are an "advanced" economy is naïve. For our own good we need significant numbers of people working in agriculture, extractive industries, and yes, manufacturing. It will grow the tax base and provide work for the millions of Americans projected to enter the workforce each year.
You clearly have very little theoretical basis in the legal basis of MNCs (Multi-National Corporations). Why do you think Facebook is based out of Ireland or Apple does the same for their $100+ billion corporate profits parked there?
This probably explains why you think an oompla loompa had anything to do with this Foxconn deal or the previous one with Carrier. This is all spin and he is no different than any other smiley-faced glad hand other than his general disdain for the rule of law.
How on earth do you know this? The factory has not even been built yet. If you get enough surplus jobs you darn right the pay offered goes up. This is exactly the thinking that is going to keep the Democratic party in the minority for a long time.
http://www.cnn.com/2017/07/26/politics/trump-rule-of-law/index.html
Stole the words from CNN’s mouth: “trump’s disdain for rule of law” as article title
posted 12h agoAnd my response is: ok
—
You had me at Oompa Loompa. This is a skin deep, rather superficial observation to validate your anti-POTUS bias
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http://www.cnn.com/2017/07/26/politics/trump-rule-of-law/index.html
Stole the words from CNN’s mouth: “trump’s disdain for rule of law” as article title
And my response is: ok
CNN SUCKS!FAKE NEWS!
Just a question - how many jobs are anticipated to remain long-term from Tesla?
From what I have read, Musk is hoping to make the line 100% automated.
I'm not in the US so I don't have a direct stake in any outcome here (though I am an Apple shareholder), however I would be concerned that this is simply a temporary job-creation. Apple (like other companies) has been pushing hard for maximal automation through robotics. I wonder if those jobs that remain will be predominantly in robotic engineering and maintenance.
Seems to me that a better idea would be to begin by allowing repatriation of foreign holdings at a low tax rate, then marginally increase the import tax. Then take this money and use it to support those whose jobs were eliminated while educating the younger workers so they can be the ones to maintain and advance the machinery. Historically, societies tend to fall apart when the separation between haves and have-nots becomes too large.
Full disclosure - politically, I lean right on certain issues, and left on others; as someone who is considered a high-income individual in my country (though my bank account doesn't support this....), I actually favour higher taxes on personal income but lower taxes on corporations. I have seen some evidence that this results in a lower discrepancy between the highest and lowest incomes in a company, and results in more money being kept in the company for re-investment and job creation. Having said that, if there is a better way to do things, I am open to being educated.
[Please don't respond just to tell me I'm wrong - I am happy to have an educational and informative discussion but nobody has time for ad hominem attacks and/or other time-wasting - thanks]
From what I have read, Musk is hoping to make the line 100% automated.
I'm not in the US so I don't have a direct stake in any outcome here (though I am an Apple shareholder), however I would be concerned that this is simply a temporary job-creation. Apple (like other companies) has been pushing hard for maximal automation through robotics. I wonder if those jobs that remain will be predominantly in robotic engineering and maintenance.
Seems to me that a better idea would be to begin by allowing repatriation of foreign holdings at a low tax rate, then marginally increase the import tax. Then take this money and use it to support those whose jobs were eliminated while educating the younger workers so they can be the ones to maintain and advance the machinery. Historically, societies tend to fall apart when the separation between haves and have-nots becomes too large.
Full disclosure - politically, I lean right on certain issues, and left on others; as someone who is considered a high-income individual in my country (though my bank account doesn't support this....), I actually favour higher taxes on personal income but lower taxes on corporations. I have seen some evidence that this results in a lower discrepancy between the highest and lowest incomes in a company, and results in more money being kept in the company for re-investment and job creation. Having said that, if there is a better way to do things, I am open to being educated.
[Please don't respond just to tell me I'm wrong - I am happy to have an educational and informative discussion but nobody has time for ad hominem attacks and/or other time-wasting - thanks]
Automation is going to kill the need for agriculture and manufacturing labor. 10 years from now these jobs will be nonexistent. Now more than ever the US needs to be investing in smarter jobs that will actually last.
Ok, cool. Then all of Trump's unemployment numbers are going to be equally flawed?
Slighty strange article graphic. However, it is nice to see the state the right color for a change!
/sorry to add fuel to what I imagine is currently 8 pages of political bickering.
/sorry to add fuel to what I imagine is currently 8 pages of political bickering.
And? Its shouldn't be my problem when these people refuse these jobs and then need to work.
Time to stop codling people and bring them back to reality where there is no free lunch and where there isn't a job an American would refuse to do. Society needs to stop enabling these ass-clowns.
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And? Sadly, people are destined to work remedial jobs. Its a simple, non-emotional, fact of life.
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Because the Progressive wants to double-tax profits. Simple as that. Trillions parked overseas because the Progressive wants to take from Peter to give to the lazy welfare leach Paul to get votes.
Cost is the biggest problem for manufacturing in US, if they can't find enough people for assembly line operators then the wages will start to go through the roof. You can see in the news how assembling phones is boring at tiring job. and in China people go on vacation only for 2 times in an year 2 weeks each, and work 6 days a week.
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Foxconn doesn't have technology to manufacture OLED yet, they purchased Sharp so they can start making LCD panels.
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Bringing money from overseas will not increase investment in manufacturing, tax reform is badly needed to encourage manufacturing in US, i like the idea of Border tax from Ryan.
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Reduce government benefits for people who can work but are depending on Government benefits.
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even 3K is better, Foxconn setting up a manufacturing plant is good PR.
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Apple doesn't have manufacturing plants in China, they outsource assembly of their products, there is no company is US than can assemble electronics (It is possible but not cost effective for some one to start a new assembly factory in US), only hope is for Taiwan/Chinese contract manufacturers to start manufacturing in US then Apple can start working with them in US to assemble phones, i still think cost is biggest factor.
Yeah you’re probably right. Doesn’t change that this is good news and Americans should be happy about it. I’d rather welcome 3000 new jobs than 0.Yes. All 3,000. The plant will be 85% Robotic Assembly with Robots made in China. But what the hell. It's a start.
Utica, New York (my hometown) fought for this until they didn't. The politicians just gave up. It was really, truly bizarre. This is the second tech manufacturing plant to bail on a site reserved for a massive tech manufacturing plant right next to a State University of NY school.
While I'm truly sad for my area to have lost what turned out to be the Foxconn deal, this is a win for all of us in the end. Utica could have won big but even I understand their location decision. Good for them and good for all of us.
While I'm truly sad for my area to have lost what turned out to be the Foxconn deal, this is a win for all of us in the end. Utica could have won big but even I understand their location decision. Good for them and good for all of us.
Wrong. The red MAGA hats are made in Louisiana. The cheap knockoffs are made overseas to undersell the real ones.
http://www.theadvocate.com/baton_ro...cle_5791e0b2-31fe-541a-9123-436c07745351.html
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So in your opinion Americans are too good for manufacturing jobs? What nonsense.
This really has nothing to do with Apple. In the end, I doubt very much Apple's investment will amount to much (if any at all). These LCD displays are for Sharp. Let's try to restrain dRumpf's hyperbole for once.