4 ms·

In theory companies like Apple could bring manufacturing back to US.

• ryandrake 2y ago
  Manufacturing is already here. US's manufacturing output is higher every year. Manufacturing jobs don't exist, and therefore cannot "come back". There is no scenario where Americans go to work in some kind of electronics or textiles sweatshop. If the result of these tariffs is "more US manufacturing" then all of that manufacturing will be automated and robotic.
  • elorant 2y ago
    Who said anything about sweatshops? You pay the minimum wage expected by law. Apple has $180bn in profits. They could surely afford to pay US workers and lose some of that profit. But everything has been dominated by greed these days.
    • aisenik 2y ago
      This implies significant deflation, $7.25/hr locks you out of traditional rental market and property ownership and access to foods beyond the cheapest staples. You'd be looking at >60hr weeks doing physical labor and living hand to mouth in extreme poverty to sort of stay above water unless everything drops in price by an order of magnitude. The implication that there will not be a massive drop in quality of life and workplace environments is difficult to reconcile with the seemingly-required impacts of massive deflation in real estate assets and commodity prices.