Apple is considering moving a fifth of its production from China to India, a new report claims. One of the problems with all this China-bashing, particularly on the Right, is that it takes the focus off of US policy. It's not China's fault our manufacturing plants moved there. It's mostly American policymakers fault. Don't get me wrong, China has plenty to blamed for, but taking the eye off American policy by blaming China for everything is pointless. This should not be surprising. As The Times of India reported in February of this year regarding Trump's last trip to India, US President Donald Trump’s maiden visit to India will provide an opportunity to further strengthen the strategic partnership between the two countries, the ministry of external affairs said… As the White House's own statement says regarding India, ENHANCING OUR VIBRANT ECONOMIC TIES: The United States and India benefit from strong economic ties that advance prosperity, investment, and job creation in both countries. There's nothing wrong with India of course and trade is good to a certain extent at least. But what seems to be happening is nothing more than a shift in outsourcing manufacturing from China to India.
I mean, honestly, who cares? This does not bring back manufacturing nor does it secure our supply chain. It's just rearranging deck chairs on the Titanic. And it's not what we asked to (and they said they would) bring manufacturing back to the United States.
Comments
|
Andrew Syrios"Every day is a new life to the wise man." Archives
November 2022
Blog Roll
The Real Estate Brothers The Good Stewards Bigger Pockets REI Club Meet Kevin Tim Ferris Joe Rogan Adam Carolla MAREI 1500 Days Worcester Investments Just Ask Ben Why Entrepreneur Inc. KC Source Link The Righteous Mind Star Slate Codex Mises Institute Tom Woods Michael Tracey Consulting by RPM The Scott Horton Show Swift Economics The Critical Drinker Red Letter Media Categories |