politicalslug

If Tim Cook is claiming that China is not providing cheaper labor than here, but rather that their skill at manufacturing is beyond our own, then he has undone his own argument. Now Apple's shareholders and customers will foot the bill for his slip of the tongue. Cook should have been honest. China has superior manufacturing facilities that were built solely because they have cheap labor. One thing be got the other. If they are no longer cheaper than US workers, I can see no meaningful reason to keep production there at the expense of American workers. If, like Cook claims, all things are equal in cost, then bring those jobs home. We have more engineers with degrees than they do. But that won't happen because the truth of is that the labor in China really is cents on the dollar relative to the US, and indeed Tim Cook is just lying when he claims otherwise. Those people in China putting together our phones have no education and are treated like slave labor. That's the real reason they have Apple's business; they're dirt cheap and the manufacturing plants were built in China to accommodate that endless supply of cheap non-unionized labor.