Occupy Movement Explained

[bbh57]

Same Story from Business Insider, Notice that the reason given here for the 700000 jobs being in China is not the shortage of engineers as WSJ states but the ease of operating in China, Which to me means cheap labor to build plants and manufacture. Although they do say that if we could train more engineers some jobs could return here. Also interesting to me are his recommendations for our education system.

Not trying to split hairs but just wanted to point out differances.




Jobs said the Obama administration was not business-friendly and said it was impossible to build a factory in the United States due to regulations and unnecessary costs. Apple had 700,000 factory workers employed in China, where it was much easier to build and run a factory, Jobs said. He said Obama was "headed for a one-term presidency" if the administration didn't improve.
Jobs also said the American education system was "hopelessly antiquated" and crippled by teachers' unions. Apple's factories, for example, needed 30,000 skilled engineers — something the U.S. education system was not producing. He suggested the President completely overhaul the system and proposed an 11-month school year with days that lasted until 6 p.m.
"You can't find that many in America to hire," he said. "If you could educate these engineers, we could move more manufacturing plants here."