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Nytimes: The iEconomy

Posted on Jan 24, 2012 in Business, Featured, Manufacturing, Process, Tech

The New York Times piece, The iEconomy: How the U.S. Lost Out on iPhone Work is a must read for anyone who cares about the state of this country and the direction in which we’re headed. I love Apple and I love this country. So it saddens me to watch our class structure deteriorate under a weight of consumer entitlement to the point where the working class cannot afford to work to manufacture the goods that it feels entitled to consume, and the ruling class cannot afford to manufacture at a price that reflects the purchase power of an employed and reasonably compensated consumer populace. It’s a bubble. Read the piece and try to envision for yourself where the American working class actually lives in the economy described in the article. And definitely watch the multi-media piece they put together. Excellent journalism and presentation. I hope they get a Pulitzer for this one.

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