Abolish the minimum wage.
I’d rather pay more than have it made in China. It’s actually blackmail, either we pay more for a product or we give our money, jobs, and economy to China. Prices would even out, would have to if Apple wants to stay in business.
And though I’m not feeling the Bern, it would be ok if Apple didn’t make such a wide margin of profit if they were manufacturing here.
This is simply not correct. The final assembly is a very small part of the cost of an iPhone. Another CNET article estimated this cost at about $20. So if it doubled, about $20 would be added to the costs.
Iphone is put together with slave wages. What do they pay a person a day in the Chinese factory $5 a day.
Then it comes here and they slap 100 times that on the price tag? No wonder Apple has 100 billion in cash.
We need jobs back, nobody can tell me that if Apple paid $50 dollars per phone more it would make the price go up that much, it would just be a minor blip in the selling price of the phone. Its called eating some of the cost.
It’s hard to compete against countries that use what basically amounts to slave labor. These asian workers have no special skills. That is not a free market. Tariffs will help equalize or bring jobs back to U.S. Cost may go up to a market rate, but more jobs drive more tax revenue allowing decreases in tax rates. Unfortunately the US has the opposite problem with artificially high wages thanks to minimum wage on union rule.
Your Apple will cost more, and your brother-in-law will get a job, get off your couch, and get his own place.
No it wouldn’t. Apple has massive margins and a tariff would just eat a tiny bit of their profits.
Apple is under price pressure in a competitive market and if they could raise their price they would have. Companies can’t just raise their price whenever they want.
“Trump’s rhetoric is designed to appeal to a base of voters who are struggling to find jobs in the US.”
The author doesn’t really look ‘big picture’. Trade deficits (extraordinarily large ones) hurt everybody, not just the unemployed.
“Assume you have a pool of workers skilled enough to handle the task (you don’t)”
Let me get this straight. The author thinks we’re too stoooopid to build phones in the US. He has unwittingly tapped into Trump’s appeal - he has a ‘can do’ attitude and doesn’t think the American people are morons, like most politicians.
Hogwash.
The price would probably be no more than $50 more. Not double.
I don’t think a $675 iPhone would have less sales than a $625 iPhone if iPhone competitors also made their phones in America.
The $50 difference is huge only when Apple is competing with Samsung
I think the taxes, EPA, regulations are what drive business away. I don’t think Apple would balk at their phone, ipad etc costing alittle more to manufacture. Plus with more people working they would sell more.
Think of how much this article costs you in EITC for those that might work a little or transfer payments to those that don’t work at all ? Think of the work of statan done by all those idol hands and what that costs you? Don’t you think those numbers dwarf the iphone savings? Think about how China got from unable to feed its people to where it is now? Think of how the US got from colossus to feeble. Stop the insanity. Stop it now. The smarty pants free trade absolutism is the road to ruin. Were halfway there.
I think the iPhone is already insanely priced, and for most people, it’s not something you have to buy all the time.
Easy, eliminate regulations and cut subsidies for offshoring.
I like pie. The in the sky kind is the best.
Well actually through regulations they do hand out a lot of orders.
Apple products have been and are expensive. LG makes a good product for about a third of the price.
They're already overly expensive.
WHY do you think Apple has so much cash on hand?
Low priced Chinese labor.. very high product profit and no significant import taxes.
The paradigm can be subtlety shifted in the direction of benefiting America and its workers.. NOT just Apple and China.
That’s only if Apple continues to keep its huge profit margin. They’d be forced to stop raking it in to keep the company going.
Just like other American companies.