Monday, January 27, 2014

Apple Foxconn to Manufacture in USA

In example 324,944,038, cheap labor has nothing to do with international trade.
(Reuters) - Taiwan's Foxconn Technology Group, the major supplier of Apple Inc's iPhone and iPad products, said it's considering expanding manufacturing to the United States in a move that could open up new prospects for business with Apple.
It will be a blend of tax relief and surplus USA management.  All policy makers know cutting taxes spurs business, but tax cuts are limited to big business since industrial policy in the USA is the fascist "get big or get out."

With collectivization comes the deflation in managers salaries.  As manager's incomes drop in USA, manufacturing will return.

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