The Briefing Room

General Category => Economy/Business => Topic started by: endicom on June 28, 2018, 11:46:34 pm

Title: That iPhone plant they said would never be built is being built
Post by: endicom on June 28, 2018, 11:46:34 pm
Don Surber
June 28, 2018

“I think we’re going to get things coming. We’re going to get Apple to start building their damn computers and things in this country instead of in other countries,” Donald Trump told students at Liberty University on January 18, 2016.

Immediately the experts in the media and academia lectured the multi-billionaire on real-world economics.

"Sorry Donald Trump — the American-manufactured iPhone isn't going to happen," Business Insider reported on June 10, 2016.

Reporter Kif Leswing wrote, "MIT Technology Review has completed a study of how and where iPhones are made, and they've reached conclusions that make it clear that one of Republican presumptive presidential nominee Donald Trump's campaign promises is basically impossible."


http://donsurber.blogspot.com/2018/06/that-iphone-plant-they-said-would-never.html (http://donsurber.blogspot.com/2018/06/that-iphone-plant-they-said-would-never.html)
Title: Re: That iPhone plant they said would never be built is being built
Post by: Frank Cannon on June 29, 2018, 12:18:49 am
Just more tangible proof......Trump is GOD!
Title: Re: That iPhone plant they said would never be built is being built
Post by: endicom on June 29, 2018, 01:07:47 am
Just more tangible proof......Trump is GOD!


But not Jobs.

Title: Re: That iPhone plant they said would never be built is being built
Post by: thackney on June 29, 2018, 12:51:04 pm
Taiwanese electronics manufacturer Foxconn breaks ground on a new plant in Wisconsin Thursday after receiving a controversial $4 billion package of tax breaks and other incentives to build there.
http://money.cnn.com/2018/06/28/technology/foxconn-wisconsin-plant/index.html (http://money.cnn.com/2018/06/28/technology/foxconn-wisconsin-plant/index.html)

$ 4,000,000,000 /  13,000 jobs = $ 307,692 per job


Title: Re: That iPhone plant they said would never be built is being built
Post by: endicom on June 29, 2018, 01:29:28 pm
Taiwanese electronics manufacturer Foxconn breaks ground on a new plant in Wisconsin Thursday after receiving a controversial $4 billion package of tax breaks and other incentives to build there.
http://money.cnn.com/2018/06/28/technology/foxconn-wisconsin-plant/index.html (http://money.cnn.com/2018/06/28/technology/foxconn-wisconsin-plant/index.html)

$ 4,000,000,000 /  13,000 jobs = $ 307,692 per job


Scott Walker is walking on the wild side with this but he didn't set the precedent. Many states, including in the South, have created a bidding war for foreign factories. How well that has worked might create a thousand post thread.

But the issue here is that the 'impossible' plant will be built.