Did you hear the news? Apple, through it's partner FoxConn, is bringing some of it's manufacturing to the US. Click here to get the whole story.
Is that a good thing? Of course it is. The Trump administration is going to shout it from the rooftops - WE BROUGHT MANUFACTURING BACK TO AMERICA, PEOPLE!!!
For those of you that hate Trump, this has to be painful. For politics in Wisconsin, it's going to be a visible reminder that pays dividends in 2020 - Trump won Wisconsin by a narrow margin of 47.2% to 46.5% for Hillary Clinton, thanks to overwhelming and underestimated support from working-class whites, making him the first Republican candidate to carry the state since Ronald Reagan in 1984.
You think commercials with a new Apple factory as the reminder aren't going to run on the hour in Wisconsin in 2020? Don't be a rookie - OF COURSE THEY ARE. Which means Wisconsin is likely done for the GOP in 2020.
Next stop with visible manufacturing jobs - at any incentive cost - Ohio, followed by Pennsylvania.
What type of jobs are going to be in this factory? Pretty good ones - early reports are that Foxconn will invest $10 billion to build the massive display panel plant in Wisconsin that could employ up to 13,000 workers. It will start with 3,000 workers making an average of $53,900 a year plus benefits.
But before my GOP and neutral Trump friends (I don't know any people who say they are pro-Trump these days) celebrate too much, put it all in perspective. The iPhone factories aren't coming to the USA - you know why?
Because that stuff is sold en masse. Phones are something everyone buys, and if you jack up the labor cost embedded in the phone, Americans will squawk.
Tim Cook and Apple did the smart thing by forcing Foxconn to build the factory they're going to build - the Wisconsin plant is going to make liquid crystal display panels used in computer screens, televisions and the dashboards of cars. Less price sensitivity than the highly visible smartphone.
Advantage GOP. I'm guessing at average pay of $53,000, the American Foxconn plant won't have suicide nets to catch workers intending to commit suicide by jumping from a building to allow their families to collect life insurance - because they've done the math and determined that's better for everyone, including themselves. Click here for that full post on Foxconn I did in the past. Picture of those nets to the right of this post.
Things that make you go hmmmm.