How many of them have the engineering degrees necessary for maintaining the robots that will be doing the actual assembly?
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Donald Trump Tells Tim Cook He'll Offer Apple 'Very Large Tax Cut' to Make Products in America
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they'll take those jobs if they don't get gov't aid. no work = no eat.
Can't disagree with that, but just pointing out that the rhetoric usually points to bringing all of these jobs back without analyzing why they really "left" in the first place. Sure, we can probably do things to create some of these jobs here, but that's not sustainable. There's a reason why these jobs are prevalent in developing countries, just like they will also eventually see decline as we have here. It's not a doom and gloom scenario though. Throughout civilization economies have shifted to meet the upheaval advances in technology bring. This is no different, but it's just happening faster and there are hardly any kinds of jobs that will be immune. And sooner or later we'll have to start talking about some real innovative ways to combat this (universal basic income?) and those are going to be tough things to sell.
So again, I'm not against trying to bring some of this type of work back, but the oversimplification of things like "let's just throw out big corporate tax cuts" and "let's de-regulate to bring coal back" are missing the bigger picture. The market spoke and most of those jobs are never coming back.
If they are building them here the suppliers will follow. Right now you have very dirty unregulated Chinese factories pumping out tons of waste building this stuff.
State of the art modern US factories can be designed to be much cleaner then the old dirty Chinese factories. This could really help clean up some of this stuff if done right.
As a Brit, I would like some jobs to come this way but I also agree it would be good for the States to manufacture Apple products at home. Could help build quality too.
However Trump will not need to give cuts but offset the costs associated with this. Higher wages, higher production costs and that of infrastructure
However Trump will not need to give cuts but offset the costs associated with this. Higher wages, higher production costs and that of infrastructure
Compare these "perks" to the ones given in other industrialized countries and you'll see that they are pretty much at the bottom end.
So thats simply not the reason for the US being less competive in the global market and the the solution simply can't be to try to be China2.0 but to be better then China or work on staff that China just can't do.
Making iPhones in the US might add some jobs over the next 10 years, but will also make the US less prepared to whatever will be needed to compete in 20 or 30 years.
I understand economics very well, it's kind of my thing. The hyperinflation comment was a slight joke, but inflation remains a significant possibility under Trump. I will explain below.
He claims to be the "King of debt". He defaults on loans and has been bankrupt 6 times. He was (or still is) under the impression that the government could just print the money and wipe the debt off (yes, seriously). This is distinct from QE, which stimulates the economy.
I don't need to tell you that you cannot do this. It racks up a huge debt, you print the money, and keep printing the money to get rid of this debt under his plan and it loses its value; i.e., hyperinflation.
A similar thing happened in 2008, where QE raised inflation rates dramatically (not hyperinflation).
These exact quotes to evidence the above:
http://reverbpress.com/finance/king...c-plan-bankruptcy-default-and-hyperinflation/
On your second point, I agree. It would be nice to have somebody who isn't a politician. But not a failed businessman. Don't you think the politicians are institutionalised? They behave and act in a certain way because that is what the job requires; dealing with foreign diplomats and negotiating with intelligence, not bravado. The same reason lawyers dress in a particular way and talk in a particular manner.
Don't let this guy fool you. He knows squat diddly. This moron thought you could print the money and debt would go away.
SMH
I corrected my post to state, "Employment numbers are also misleading since they can include government jobs."
And yes, many of them including the BLS one do.
Because of the soft-money-based influence of lobbyists in your state and in our nation's capital. Lobbying itself is not a bad thing, it's the soft money that got us here.
Perhaps the Apple's board could do make it happen, but I doubt this particular deal will ever happen because Tim Cook may have a culture war beef with Trump.
I doubt they would follow. There are hundreds of different components made by dozens of different manufacturers in the BoM. And MOST of these component manufacturers' customers would still not be in north america.
It's likely going to take 20 as most middle managers in corporations do not know much about automation implementation. Right now most places have groups in silos (e.g. the big data people, the automation people, etc.) all under management. What's needed is further influx of tech-savvy management to drive the implementation of automation via coordination of all requisite parties.
Manufacturing isn't only about exports or bringing jobs. More importantly manufacturing jobs exposes people to a whole bunch of technologies, processes, and perspectives and if they're paying attention they can learn. When you make stuff you just get better at figuring out better ways of making stuff...or at least people have the opportunity to learn how to do that.
That's why Hamilton wrote the original report on manufactures. You can read it, it's online.
Bringing manufacturing back, at any level, is a good thing. Even if it's more automated it's good - US manufacturers can leapfrog a generation of technology.
That's why Hamilton wrote the original report on manufactures. You can read it, it's online.
Bringing manufacturing back, at any level, is a good thing. Even if it's more automated it's good - US manufacturers can leapfrog a generation of technology.
Put a 15% import tax on all Apple goods made in China when they are imported back into the US. Then put the money raised into a pot for small companies to use to setup and grow with the proviso that they stay in the US once they grow and create jobs.
It would be far better to invest our resources on improving STEM education and turning out more scientists and engineers, which is where the real value-added (and thus compensation) is in the product food chain. Let other countries take all the lower-paying and/or monotonous jobs.
At some point our country might get driven to the point of universal basic income, but that would create a very unhealthy and depressed civilization. Most people want to work and contribute to society. We've tried the concept of universal basic income on some of our Indian Reservations and if you want to see a very sad and depressed place take a look at Pine Ridge in South Dakota. It's not that they don't want to work, but they have no where to work.
I don't think anyone had the answer, but we need to invest in many different things. I completely agree the old economy isn't coming back, but we can invest in certain things to help.
Sure, because China (and other countries) won't retaliate, thus locking out all U.S. exports from foreign markets. That will turn out great.
Regulations and unionised labour are there to protect workers, who quite often are exploited. Face it, for us in the West to enjoy products at reasonable prices, they have to be produced in LEDCs where wages are low, and people are exploited. The free market will always exploit. Look into David Harvey and Globalisation's spatial fix.
Oh, and just to let you know, it wasn't a soundbite, I have a BSc in Economics.
There is one big thing that will fix everything!...Transitioning to renewables.
Tech-savvy management can be hard to find because it's now 2016: The three worst things ever unleashed on the workforce are The MBA, Powerpoint, and the Personal Performance Review.
This is what happens when boards choose managers, middle-managers, and bean-counters over engineers and assemblers.