An important story that’s getting attention, first from This American Life, now from the Times.
I don’t buy Jobs’ assertion that “those jobs aren’t coming back”. That’s a decision companies make.
Sure, you can wake up 8,000 Chinese workers in the middle of the night to go build phones. That’s because there are no labor laws in China.
So we should kiss those good jobs goodbye because American companies will always seek out the company with the most Capital-friendly regulatory regimes, and exploit them?
How about Apple takes a few drops from its ocean of cash to build some part of its supply chain in the US?