The U.S. stock market seems to have really endorsed Trump.

How do you think Trump's presidency is going to affect the global economy in the long run?

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The mind is a weird and mysterious place

The U.S. stock market seems to have really endorsed Trump.

How do you think Trump's presidency is going to affect the global economy in the long run?

Adversely.

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If it means drastically lowering the standard of living of 'The West' to compete with China and Emerging Economy's. Then a Trump may be necessary to defend The People of The West.

Good point. Restricting foreign trade with taxes sounds simple enough to help U.S. businesses, but that sort of protectionism will raise prices and reduce the volume of things that people will buy. It's kind of a Catch-22.

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The mind is a weird and mysterious place

If it means drastically lowering the standard of living of 'The West' to compete with China and Emerging Economy's. Then a Trump may be necessary to defend The People of The West.

Good point. Restricting foreign trade with taxes sounds simple enough to help U.S. businesses, but that sort of protectionism will raise prices and reduce the volume of things that people will buy. It's kind of a Catch-22.

Considerably worse and much of the raw materials needed for those products come from China. Spark a trade war and we are f'd.

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If it means drastically lowering the standard of living of 'The West' to compete with China and Emerging Economy's. Then a Trump may be necessary to defend The People of The West.

Good point. Restricting foreign trade with taxes sounds simple enough to help U.S. businesses, but that sort of protectionism will raise prices and reduce the volume of things that people will buy. It's kind of a Catch-22.

Considerably worse and much of the raw materials needed for those products come from China. Spark a trade war and we are f'd.

Plus if some of the manufacturing jobs are to come back, economics will force them to be done by robots not humans, and the US is already short of skilled workforce needed to run robotic engineering. It requires a degree to get one of the shop floor jobs and a masters to supervise and manage etc. Median salary, on the shop floor, is about $50/hr. One of the reasons green cards are required. In CA it was reported ~40% of hi-tech jobs were filled by green card holders.

At the moment with production in China, Apples cost allocation for assembling an iphone is less that $5, less that 1% of retail cost.

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If it means drastically lowering the standard of living of 'The West' to compete with China and Emerging Economy's. Then a Trump may be necessary to defend The People of The West.

Good point. Restricting foreign trade with taxes sounds simple enough to help U.S. businesses, but that sort of protectionism will raise prices and reduce the volume of things that people will buy. It's kind of a Catch-22.

Considerably worse and much of the raw materials needed for those products come from China. Spark a trade war and we are f'd.

Plus if some of the manufacturing jobs are to come back, economics will force them to be done by robots not humans, and the US is already short of skilled workforce needed to run robotic engineering. It requires a degree to get one of the shop floor jobs and a masters to supervise and manage etc. Median salary, on the shop floor, is about $50/hr. One of the reasons green cards are required. In CA it was reported ~40% of hi-tech jobs were filled by green card holders.

At the moment with production in China, Apples cost allocation for assembling an iphone is less that $5, less that 1% of retail cost.

That's what apple pays to assemble, not the parts and their assembly costs, correct?

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If it means drastically lowering the standard of living of 'The West' to compete with China and Emerging Economy's. Then a Trump may be necessary to defend The People of The West.

Good point. Restricting foreign trade with taxes sounds simple enough to help U.S. businesses, but that sort of protectionism will raise prices and reduce the volume of things that people will buy. It's kind of a Catch-22.

Considerably worse and much of the raw materials needed for those products come from China. Spark a trade war and we are f'd.

Plus if some of the manufacturing jobs are to come back, economics will force them to be done by robots not humans, and the US is already short of skilled workforce needed to run robotic engineering. It requires a degree to get one of the shop floor jobs and a masters to supervise and manage etc. Median salary, on the shop floor, is about $50/hr. One of the reasons green cards are required. In CA it was reported ~40% of hi-tech jobs were filled by green card holders.

At the moment with production in China, Apples cost allocation for assembling an iphone is less that $5, less that 1% of retail cost.

That's what apple pays to assemble, not the parts and their assembly costs, correct?

Yes.
But is not a straight forward job. Some parts are glued in with insulating adhesives which has then to be cured, then other parts are glued in with heat conducting adhesive then cured only at the last stage are the pcb etc inserted and connected up. Before the rear cover is mated.

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