How about the Government make it easier for companies like Apple to get other companies like the ones in this post to make cost effective and competitive products in this country. Government incentives. Tax breaks and so on. Lets ask a question. Do we want to put people back to work or do we want to be a country who is a slave to china? I believe this country has what it takes to work it out and get it done. Its up to the politicians and the CEO's to get it done!
The minimum wage in the USA is $7.25/ hr which works out to annual salary around $15k. The minimum wage in China varies by region, but works out to $200/mo or less. So figure an annual salary of $1500 of less in China. 10 times lower than in the US.
Where is the USA government going to get the money to fund the difference? Incentives and tax breaks are already a huge problem which contribute to our massive federal debt and distorted market forces. If Apple gets a tax break, than Exxon or Chase should get to have one, right? Incentives and tax breaks are handed out based on politics - not true market forces.
To correct our economic problems we need to quit screwing with the market by creating artificial forces that distort the true costs of products. We end up with problems like Solyandra. It would be better to spend the money on educating our next generation of workers to have skills which are in high demand and pay well. Let low skills jobs move overseas. Unfortunately our educational systems seems to be failing as well.
There was a news story the other day about how they cannot find enough workers to pick apples during harvesting season. Even though we have high unemployment, they can't get enough workers because the Feds have been deporting more illegal immigrants. I guess that means the unemployed don't want to work doing manual labor, they would rather collect unemployment and welfare.