But bad news for Americans. Our huge imbalance of trade with China will destroy our country. It has already decimated the manufacturing in the Rust Belt.
You may not like Trump, but he is the only person in our government who recognizes this and is trying to do something about it.
It is better to do this now when the economy is strong and we are at full-employment rather than trying to do it when we are in the depths of a recession.
The giant trade deficit with China for over 20 years has transferred the wealth of the middle class Americans to fund the greatest military (largest for sure) as well as a great infrastructure throughout China. That money will never return to USA. It’s gone. China never spent it and the Liberals and their Deep State agendas have done more damage than anyone here would probably realize for another 20 years. Peddling socialism and rob the wealthiest Americans to pay for those who are the poorest but will still not restore the middle class. After American companies, including Apple, and the greedy executives, like Tim Cook, were responsible for this. Tim wants his stock options annually to vest at the highest rates possible and he nor any of the wealthy give two bits about the working class.
While Trump may act like a baffling idiot most of the time, he is spot on with the tariffs. The only problem is Americans are now used to their cheap consumer goods. Most of Apple’s consumers are into consumerism - spending their hard-earned paychecks on upgrades ridiculously often. The rest want their cheap plastic-made crap and furniture made from fake materials. Whether it’s an Apple computer or a $69 desk at WalMart, Americans don’t get it. They’re tossing away money that is for worse and will lose bigger and bigger in the long run with no investments or thinking their 401Ks will help them retire.
When the infrastructure of USA needs reworked, and nobody can pay for it, everyone will be looking up to China. Its strategy succeeds to demoralize America; it’s just that most don’t realize it yet. And those who do realize it prospered from the great wealth created for investors by executives who made the decisions to fund China’s Great Economy!
All the rest want to give free college, free Medicare for all, but the real problem were these executives lining their pockets with huge profits and only the top-tiers of Company elites made all of the money that was meant for the middle class. The lowest unemployment in over 50 years in USA, but most Americans are two months away from bankruptcy if they lose that overworked and underpaying job.
Sad times we are living in. But by all means, line up to buy your ridiculously notched iPhone Pros this September (tariff free)!
Used to love Apple products and am typing from an ugly assed notch-ridden iPhone XS Max now. Sad waste of money for such a hideous device that freezes so often from a lack of RAM and looks like garbage compared to what Samsung puts out.
Meanwhile, let Tim Cook make the same mistakes Sculley did. Trying to license out AirPlay 2 to TV manufacturers, drop the ball on the real ecosystem devices like routers and WiFi that allow simple setup, and swing big for something that is so heavily saturated in streaming. I don’t know whose more at fault - Tim Cook or Apple’s Board of Directors? Who could be so stupid to watch this all play out. Nobody that even understands the Apple products is even in charge. It’s a sad state of affairs. Three-plus-year cycles for iPhones that obviously decisions are being made by executives who want to line their pockets with more and more free stock, options and bonuses. The real designers and people who have creative senses must have all left Apple - or like Forstall been fired for being a threat to the Tim Cook system.
It’s truly pathetically sad. And I say all of this as a true lover of previous Apple products designed in the House that Steve Jobs built with Jon overseeing hardware bouncing ideas off each other and Scott understanding that the software needed to be intuitive.
Make Apple Great Again. #MAGA(AAPL)
