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Politics : The Trump Presidency
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To: i-node who wrote (7187)1/20/2017 8:42:44 PM
From: combjelly  Read Replies (5) of 363169
 
However, Trump has a better grasp of economics than anyone else who was running. Because he has lived it.

He shows little grasp of how economics works. He went bankrupt several times and lost a billion dollars in a booming economy.

Now why did he go bankrupt? He very clearly overpaid. So much for being a great deal maker.

If you make it less expensive to build iPhones here Apple will do it.

And how would you do that? Foxconn is moving to completely automated factories. So labor isn't a factor. Unless you think we can undercut a robot. Given that in China you can bribe a local official and he can steal the land for you, it is unlikely you can undercut the cost of the land. As to taxes, that local official will take a kickback in lieu of taxes.

And this doesn't address the fact that many of the components are now built in Asia and would have to be shipped across the Pacific. For a lot of reasons, the packaging is very bulky. But we already discussed this and it seems you don't have a clue about those issues. Now there is no reason that those things could be sourced here, but you are now talking about building the whole supply chain and not just the phones themselves. Which is probably a big factor of why Apple calculate it would cost 2 or 3 times to build here than in China.
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