“the Apple deal is likely a promise never to be realized” Exactly! Apple has promised approximately 1.38 trillion dollars in US investment since 2018. Wanna guess how much they've spent? Apple will slow play the promise until Trump is out of office and then stop. Anyone who promises to do any manufacturing in America will do the same thing, because American unions push for outrageous wages and benefits that no other country pays.
In Detroit: “Active worker compensation including wages, bonuses, and benefits was estimated at about $55 per hour, with an additional $15 attributed to retiree costs, bringing the total labor cost to roughly $70 per hour [2008 survey].” “China's car industry ranges from 4,914 CNY [$684/month = $3.89/hour] to 12,901 CNY [$1796/month = $10.20/hour], with 80% of employees earning within this range.” — Brave AI
Thanks for tracking what Apple has done. I thought this was the case, but didn't have the numbers before me or the time to find them. So, I appreciate that input.
Sure glad I'm not a worker in the Chinese car industry. Sounds like a horrible life--all that top-heavy dictatorial government and scraps for wages that leave you barely making enough to buy your lunch in exchange for an hour's work. Of course, if they all eat Top Ramen, they'll have money to spare.
“the Apple deal is likely a promise never to be realized” Exactly! Apple has promised approximately 1.38 trillion dollars in US investment since 2018. Wanna guess how much they've spent? Apple will slow play the promise until Trump is out of office and then stop. Anyone who promises to do any manufacturing in America will do the same thing, because American unions push for outrageous wages and benefits that no other country pays.
In Detroit: “Active worker compensation including wages, bonuses, and benefits was estimated at about $55 per hour, with an additional $15 attributed to retiree costs, bringing the total labor cost to roughly $70 per hour [2008 survey].” “China's car industry ranges from 4,914 CNY [$684/month = $3.89/hour] to 12,901 CNY [$1796/month = $10.20/hour], with 80% of employees earning within this range.” — Brave AI
Thanks for tracking what Apple has done. I thought this was the case, but didn't have the numbers before me or the time to find them. So, I appreciate that input.
Sure glad I'm not a worker in the Chinese car industry. Sounds like a horrible life--all that top-heavy dictatorial government and scraps for wages that leave you barely making enough to buy your lunch in exchange for an hour's work. Of course, if they all eat Top Ramen, they'll have money to spare.