I have to really wonder about people who think it is a bad thing to manufacture things here in the US. The only reason these people can support this is they still have jobs that have not been outsourced yet. It's a classic example of the old parable, "It's a recession if my neighbor loses their job, it's a depression if you lose yours". The "OMG things will cost more" crowd simply does not understand that more manufacturing here will make pay rates rise and increase the value of everything, including the US dollar which means you will have more disposable income to afford these price increases. Alas, they will never learn.
No one is saying it's a bad thing to manufacture things in the US, but you have a 4% unemployment rate. You simply don't have the numbers of people required to fill the jobs to manufacture things in the US, and you don't have the skills.
You don't have the factories and the equipment, and you don't have the people with the skills to run that equipment.
Sure, you could train people to run those machines, but that takes time and money, and it takes
people. You don't have the
people...
If you want to start manufacturing things in the US you need to move people out of their current jobs and into manufacturing jobs, and who's going to do that? Would Starbucks shut down half their coffee shops so there's a pool of people who need a job, and who could go off into a manufacturing job? No.
And remember, if you think Apple could make an iPhone in the US and keep the prices the same, you're lying to yourself. Labour is cheaper overseas. You said it yourself: "
manufacturing here will make pay rates rise" - that labour cost feeds into the cost of the products produced in the US. Economists have already said a $1,000 iPhone would cost $2,300. You wanna pay twice the amount you currently pay, even with higher wages?
How would iPhones that cost twice the price affect Apple's overseas sales? If pay rates rise in the US but nowhere else (as in, why would pay rates rise in the UK, EU, India... if iPhones are manufactured in the US...?) fewer iPhones would be sold overseas, and that affects Apple's sales, meaning fewer iPhones are required, and fewer jobs.
It's all linked.