Quote:
Originally Posted by Islandtrader
Steve Jobs told Obama that apple employs 700,000 factory workers in China because it can't find 30,000 engineers in the U.S. that it needs on site at its plants. " If you could educate these engineers, we could move more manufacturing jobs here". Jobs was mystified by a policy that instead educates foreigner engineers at top US schools and then sends them home immediately after graduation.
For me the case is clear, too much government is not a good thing.
|
Business spin translation . . . thanks for educating our chinese engineers on americas dime . . . Until there is legislation or tariffs preventing us from doing so we will keep opening factories in china. We can do it for far less money overseas.
80 BILLION in cash and no debt . . . wanna bet they can't find 30,000 hardware and software engineers in the USA? Steal them from Intel, EMC, etc. It about cost and it just cost less overseas . . . plain and simple.