Why America Lost It’s Manufacturing

“Jon Rubinstein, a senior vice president for hardware engineering during Jobs’s second tour at Apple, recalls almost having a heart attack in 2005 when he went with Gou to see a new factory in Shenzhen for the iPod Nano—a tiny device 80% smaller than Apple’s original MP3 player—only to find an empty field. Within months, though, a large structure and production line were in place. “In the U.S. you couldn’t even get the permits approved in that time frame,” he says”. https://www.bloomberg.com/news/features/2021-02-09/this-is-how-tim-cook-transformed-apple-aapl-after-steve-jobs?sref=EdJqTrtm

Government in the United States now sucks up 37% of GDP and does not produce much. What it does do is justify bureaucrats jobs by endlessly creating new regulations that block entrepreneurs and innovation. This why Apple and most other manufacturers have moved entirely out of the USA.

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Joel Gross

Joel Gross is the CEO of Coalition Technologies.

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