What would happen - in China - if Apple forced Foxcom to follow Nader’s suggestion?
Apple would be offering wages far out of alignment with the local economy; these highly paid employees would have surplus cash to save or spend, this glut of money will cause prices to rise locally, injuring the thousands who aren’t on the Apple/Foxcom gravy train, it will suppress interest rates, discouraging savings, and will incur the wrath of government regulators who are interested in maintaining labor stability.
Like most ignoramuses, Nader ignores everything beyond the tip of his nose.
All I am saying, is America needs to start to be for America once again.
It is not good for America’s future, to continue to send America’s businesses to China.
China is a massive communist country.
Our investment in China is unwise, if it continues as it currently is.
That is what I am saying.
America needs to bring back businesses, right here to America.
Apple and others. I am not picking on Apple.
Our industrial base is now in a massive communist country.
That is to me, unwise.