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Interesting that you attempt lay some blame for the situation on consumers who have "chosen their priorities" That is absurd. Consumers have absolutely no choi
by mattacular 7y ago
Interesting that you attempt lay some blame for the situation on consumers who have "chosen their priorities"
That is absurd. Consumers have absolutely no choice in the matter other than the most unpractical "avoid using modern electronics"
- lotsofpulp 7y agoThey did at some point in the past. Large portions of the US manufacturing and textile sector disappeared because people opted for the cheaper imported items. I don’t see any reason to assume they would be willing to pay more for labor now either.
- paulryanrogers 7y agoWith increasingly depressed wages I do wonder at what point counterproductive choices become self reinforcing. Such as buying the cheapest even if it's long term cost is higher until there are no other options.
- mattacular 7y agoI wonder if that has anything to do when flattening wages over the same period. I wonder if that has anything to do with trade and economic policy. Or you could just chalk it up to individual consumer choices (and their crazy preference for cheaper goods suddenly and magically on offer) if you'd rather not think much.
- Teever 7y agoApple products have always been premium items that people choose to pay more for. Apple could have simply raised their prices to account for differences in domestic manufacturing costs or swallowed the cost with decreased profit margins.
- lotsofpulp 7y agoDo you have any numbers on how much they would have to raise prices? Why would they already not be charging as high a price as they think their customers are willing (or able) to pay?