Only if consumers are willing to spend double or triple current prices. It's hard to know exactly how much prices would go up because we don't know what percentage of the cost is labor, but Chinese workers make about $135 a month and California's 2011 minimum wage of $8 works out to $1387 a month not including Apple's share of social security and Medicare payments and also not including any benefits, including health insurance. Actual costs would be closer to $2000 and if Apple pays above min wage, say just $10 an hour, the costs would be closer to $2500 a month per employee.
Apple doesn't have to employ that much workers if they fully automate manufacturing. Next did it in the 80s, they can do it again.
In fact that's how Japanese companies manage to manufacture efficiently in Japan. Half of the world's manufacturing robots are used in Japan. After all, according to the news Apple is investing in a manufacturing plant in Japan, which is one of the countries with the highest cost of living.
I don't need a master's in economics theory to know that the US needs to produce more and outsource less.
Quote:
Originally Posted by solipsism
How would this work? How much would that $1B take them in the US? How much would it cost to run this factory? How much more would the prices have to be jacked to support these increased costs?
I hear silly comments like ?they?d make up the difference in not having to ship overseas? or ?the products would be much better made because they were made by [US] Americans.? This is complete BS.
Those that wish to perpetuate this idea, great, but why not show you have a grasp of what is involved by supplying some information that supports a theory that goes against all economic theory.
Comments
Only if consumers are willing to spend double or triple current prices. It's hard to know exactly how much prices would go up because we don't know what percentage of the cost is labor, but Chinese workers make about $135 a month and California's 2011 minimum wage of $8 works out to $1387 a month not including Apple's share of social security and Medicare payments and also not including any benefits, including health insurance. Actual costs would be closer to $2000 and if Apple pays above min wage, say just $10 an hour, the costs would be closer to $2500 a month per employee.
Apple doesn't have to employ that much workers if they fully automate manufacturing. Next did it in the 80s, they can do it again.
http://www.youtube.com/watch?v=jhfUKEu7sJ0
In fact that's how Japanese companies manage to manufacture efficiently in Japan. Half of the world's manufacturing robots are used in Japan. After all, according to the news Apple is investing in a manufacturing plant in Japan, which is one of the countries with the highest cost of living.
How would this work? How much would that $1B take them in the US? How much would it cost to run this factory? How much more would the prices have to be jacked to support these increased costs?
I hear silly comments like ?they?d make up the difference in not having to ship overseas? or ?the products would be much better made because they were made by [US] Americans.? This is complete BS.
Those that wish to perpetuate this idea, great, but why not show you have a grasp of what is involved by supplying some information that supports a theory that goes against all economic theory.