This clearly NOT just an Apple problem but as someone else said, they *could* take the lead and do away with this crap. They could EASILY afford to make the stuff here - sure, it'd get the panties of the investors all twisted up and turd-stained but who really cares about investors anyways? I sure dont.
And, yes...the extra pay and benefits would have to come out of the profits. Uh oh. That means profit would have to drop to a paltry eleventy three trillion billion from the preferred 14.6 eleventy trillion billion. Its famine out there, I tell ya.
How great would it be for the US economy if everything that was sold here was also made here? Holy crap - the middle class would be booming with great jobs available to anyone that was willing to work. Great benefits, booming local economies, a HUGE tax base, etc, etc. Oh wait, I just described the 1950's There is a reason why THAT was the best of times.
I guess its not instyle to say this because you get labeled a socialist.... but.... It'd be nice if there was better distribution of company profits amongst everyone that works there. Nowadays it seems like 8-10 people make zillions of dollars and the rest fight over ever-diminishing wages & reduced benefits.
Off my soap-box now, thanks for listening.
Im sorry, i think you have a very poor understanding of how public corporations work and economics in general. Its fine that you dont care about investors, but guess who does, TIM COOK. its his job to care about investors and the maximization of shareholder value because they own the company and thats what they care about. If Tim Cook is not maximizing shareholder value, the shareholders, through the board, would eventually replace him. Thats how its works. Thats why Carl Icahn can do what hes doing and have Tim actually give him the time of day. Because he can buy shares, and a lot of them.
As to the distribution of profits: the share price of Apple, and any other public company, is directly tied to investors' expectations of future profits. Guess who the top investors of Apple are? Blackrock, Vanguard, State Street, and Fidelity. Guess what all these firms do? they run mutual funds. Guess who invests in these mutual funds, average joes like you and me, through their 401Ks and personal portfolios. So guess what, Apple's profits ARE widely distributed. And these investors at some point would take their dividends or profits from selling their shares and spending it on something else, thus creating jobs and generally making the world go round.
As to the economy, do you know why the US economy was so good in the 50s? Because it was an industrial/manufacturing economy and that industry needed workers, of which the US had plenty of supply. I guarantee you corporations would have utilized cheaper labor in Asia at that time if they could but why couldn't they? COST. The global transport and technology infrastructure we take for granted today didn't exist back then, nor did the local infrastructure, which would have made the cost of setting up manufacturing there way too expensive. Im not even taking into account the political hurdles that would have existed at the time.
You want a better middle class? you did hit on one key concept: willing to work. Unfortunately in today's American society, we don't have enough people who are willing to work. Everyone watches MTV Cribs and they think
they're entitled to the exact same things but most people aren't willing to work for it. And many that are willing to work simply don't have the right skills in today's economy, which is changing at a faster pace than ever. You want a better middle class? tell the government to invest in education, tell them to stop bickering and actually get something done. For those willing to work hard, there is no better place in the WORLD than the US to succeed. And Im not saying that because Im American because Im not, its simply true.
As the original topic of this story, the situation is unfortunate, Im glad that Apple is a corporation doing more than most, if not all, to address it.
I'll also get off my soap box now.