The Nightline whitewash of Apple’s China relationship left us puzzled. What just happened here? Why didn’t this guy ask any real questions?
As we’ve mentioned Foxconn is probably the best factory in China. The suicide rate there is below China’s notorious national average and the issue of whether their employees are any older than Chinese Olympic gymnastics team doesn’t concern most unemployed Californians.
What should really concern Americans is succinctly summed up in this discussion I had with a Foxconn manager inside Foxconn City a year before Nightline’s “exclusive.” I spent a day there too, had the tour, talked to folks and was allowed to film too. However, I actually asked some informed questions. Want to know why most Apple jobs are in Guangdong Province rather than California? Ask and you’ll find out that it ain’t low cost labor (heck they’ve doubled salaries), its Chinese government policy that is gutting America. Check this out:
httpv://youtu.be/IYgS1ZI8Zj4
Or watch the video on our YouTube Channel
If you don’t like what you just saw and heard, please forward it to your US Congressperson and Senator, over and over again until they finally get it. If you own Apple stock (like I do) please send a note to CEO Tim Cook you’re not so worried about what goes on in Shenzhen, but you’d sleep better at night if your neighbors had jobs.
– Greg Autry teaches Macroeconomics at the Merage School of Business, UC Irvine and is co-author with Peter Navarro of “Death by China” and serves as senior economist for the American Jobs Alliance.
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