Posted on 05/17/2016 9:55:44 AM PDT by SunkenCiv
Stanford Law Fellow Vivek Wadhwa weighs in on Donald Trump's rant on how Apple must make iPhones in the U.S. | Watch CNBC Live TV
(Excerpt) Read more at video.cnbc.com ...
Stanford Law Fellow Vivek Wadhwa weighs in on Donald Trump's rant on how Apple must make iPhones in the U.S. [full title]
If the election were held today, who would be your first choice for President of the United States?Who would be your first choice for Donald Trump's running mate? |
 |
Wow. Devastating analysis by Wadhwa. Trump should hire him as a consultant.
No company should be forced to do this.
Apple needs to be shown that it can do this and easily make a profit.
So it costs my $10 more...it brings in 10,000 new jobs into the USA and builds a technical base for more companies.
The art of the deal.
Well, so long we pay export taxes and do import subsidies with illegals, this madness will continue.
Amazing... So, CHEAP LABOR isn’t needed ... AND we’ll have the upscale jobs AND the security of knowing China can’t blackmail us.
ONE more reason to close the border... even that scumbag Mitt Romney can’t sell out the country for Mexican CHEAP LABOR anymore... Robots will do the sh*t work - and Americans can rake in the cash..
Lmao, the guy says Foxconn is looking to replace the workers with robots. So when they do that, and Apple moves the robots to the US, they can say they complied with Trump and they only have to hire a handful of American workers to maintain the robots. Meanwhile, we all get to pay an even bigger premium for those Apple products!
Libs aren’t the only ones who run afoul of the law of unintended consequences.
*Making products in China is required for access to their markets.*
It’s China’s tax on imports!
And China can withdraw that access at any time even if the ‘tax’ has been paid.
Products are ultimately most profitably made where law is not arbitrary.
Yeah, ‘smart’ people are concerned about supporting buggy whip manufacturing jobs and canal building jobs.
That’s important... just look at the devastation automating agriculture caused. Today you can’t hardly find a peasant worthy of the name!
The best is if you have a union gig and your job gets automated. Then, they may have to keep paying you until retirement, while you sit around in some make-work job doing nothing for a couple decades ;)
If the work can be done by robots - without having to sell out to China is soooooo many ways, it’ll be cheaper.
The US actually discourages job production. There are 1000 government regulations, big and small, that make it easier and cheaper to do elsewhere. The non-wage cost of workers, insurance and tort-law add to the burden. Our government pays vast segments of society to sit at home, remain undedicated and unmotivated and not find work. Just look at the mandates that Obamacare alone has added.
We can’t just declare “something should be made in the USA.” We create a huge disincentive, but leave the borders for trade and immigration wide-open. We have built an expensive government system that discourages it. We need to start dismantling it.
And our ‘caring’ government will tax the manufacturers more, diverting the savings from investment in new job creation to welfare instead. “For the children”.
Companies use foreign companies because they can pay them much less and they can get things done without all the regulations. If you’re going to have onorous regulations on companies then you have to protect American companies by enforcing those standards on other countries and ensuring that their currency is valued according to its true worth. Otherwise American workers are really at a disadvantage. Does anyone really believe people are leaving because workers outside of the country make a better product? Nope, the playing field isn’t close to level. Level the playing field by deregulating (or enforcing global standards, ID rather deregulate), or tariffs or going after currency manipulation means companies like Apple have no real benefit in leaving and as well make products locally to garner favor with the world’s biggest middle class. It’s not that complicated
Agreed.
Bob Noyce was the last champion of USA manufacturing.
He pioneered yanking all advanced semiconductor manufacturing from Japan back to the USA.
Semitech.
We need someone like Bob on Trump’s team.
IOW, you didn't bother to listen to what he said.
No, I don't think so -- Wadhwa brought up Mexico, twice, as a possible place for the Apple plant. That's the negation of everything else he said (and Trump's goal off bringing jobs back to the US). The dimwit urinalist pointed out that robot jobs were not human jobs, and he did show her how that made no sense, so that's something. Not bad for a lawyer, eh?
As he points out, the Chinese (as they have always done) are stealing the technology as quickly as they can -- that's what passes for free enterprise in China. Apple's going to wind up like Shugart.
Robots do not necessarily replace workers, they are often just faster and have higher throughput
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.