Here's how the economics of outsourcing -- the economics of horror -- works: companies like Apple that ignore reports of fraud and danger against employees make it impossible for honest, conscientious suppliers to survive.
If Americans care about where their products are made, companies will care. Therefore, even as the president promoted tax credits for insourcing -- the new word for bringing those jobs back -- perhaps another step would be to build on the power of choice.
Apple and its Western counterparts have driven the creation of an Asian network of fraudulent firms that has distorted international trade, hollowed out U.S. manufacturing, and created a bizarre hybrid: quasi-communist crony capitalism.
As Friedman bops from one global aerie to the next, absorbing the latest sweet whispers from the mesmeric elites he encounters, there's never a reason to end the pep rally. Everything just looks amazing once you're ahead of the curve.
During the nearly two-hour intermissionless talk, technology-worshiping Daisey does acknowledge that Jobs was "the only hero I ever had." But that was prior to a trip he made not that long ago to Shenzhen, China and the Foxconn manufacturing plant.
How are we going to get unemployed Americans back to work? The GOP wants to lower taxes and decrease regulation because it thinks we're stifling innovation. The Dems want to spend tax dollars on infrastructure and other public works projects.
Pollution and human rights abuses cannot be offset by great products. Steve Jobs -- and all other CEOs -- must be judged on how they affect people and planet as much as how they affect the company's share price.
Apple may be reporting record company sales in 2011, but one thing the company is not making noise about are the details surrounding a string of recent tragedies at the Chinese factory where so much of Apple's current success story is based.