Do you ever wonder where and who produces your the favorite phone, IPad or computer? The Foxconn City is a complex of factories that house persons working for them producing Apple, Microsoft, Dell and Hewlett Packard project. Foxconn Technology Group, who owns the complex of factories, and employs 235,000 workers, has a reputation of tough tactics and sweatshop condition for their workers producing these in demand products. According to the Daily Mail, Apple Corporation uses sweatshop environments to produce the products that are sent to the west. Apple, for example, sold 93 million IPhones, 40 million IPads, 38 million IPods and 17 million computers, yet they are involved with a company that is paying the Chinese workers far below United States minimum wage earning a whopping $1.75 per hour or $273 per month, which would require months of work in order to be able to purchase one the products they make. Reports have indicated that workers were recorded doing 24 hours shifts at a time, while others were forced to stand up during their entire shift. These people are producing the phones and apple products that are craved all over the world, while working in a monotonous, tedious, assembly line environment under what looks clean, but horrible conditions. Many workers have committed suicide because of the harsh conditions in the factories; many factories have been forced to install suicide nets around their facilities.
Even though abuses continue, Apple contends that they have sent 60,000 workers to college for free and have informed one million staff of their legal rights. Chief-executive Tim Cook claims that they are working hard to improve the conditions for workers and are trying to improve the lives of employees. He is working with Foxconn to fix the problems. However, there are still reports of 150 Foxconn employees threatening to leap from the facilities because of poor working conditions and low wages. Given the rise in Apple stock it seems that something could be done to improve the conditions of the low wages.
A Company’s main goal is to make as large of a profit as possible. These sweatshops are the most efficient way to make large gains. But do the cost outweigh the benefits? Many major companies like Apple believe in improving the working conditions of their employees. These companies are only left to wonder whether consumers would be willing to pay a higher price for their product in exchange of knowing these products are being produced the right way. According to basic economics and the law of demand, if a company raises the price of their product demand will decrease. When a product price rises, many consumers will be tempted to look at a substitute at a cheaper price, so therefore, when a company raises its price their demand will decrease.
Even though the Fiscal Cliff deadline has passed, questions are still being raised about the spending cuts. Previous arguments of both parties are still in the forefront of political debate. The parties are blaming each other and nothing is getting done even though there is an impending deadline of March 1st. America may be on the brink of a fiscal catastrophe and it appears that John Boehner and President Obama cannot shake hands and come to an agreement.
Looking back at our great nation, one must cite the Concord Coalition, where “brave Americans kept at it against overwhelming odds because they had a vision of the grand nation they wanted for their future and for generations to come”. The citizens of our nation feel that the government today is losing sight of what is fiscally right for the people.
America faces deep fiscal challenges threatening the sacrifices made by our forefathers to make our nation great. The idea that the government borrows hundreds of billions of dollars annually to pay for huge consumption is outrageous. This consumption forces our citizens to bear the burden of carrying the massive debt that continous to only get worse for the generations to come. Our elected officials are afraid to cut back on spending and don’t dare to raise taxes to pay the debt. They continue to cut taxes while increasing spending to support special interests in Washington.
According to CNN, “Congress, which isn’t even in session this week, doesn’t appear close to taking action on the $85 billion in forced cuts, which take March 1”. Massive military spending cuts which were meant to be drastic and help the budget have yet to be put into effect. This is just one example of Boehner and Obama’s disagreement. Boehner blames Obama for the stalemate and calls Obama a failed leader. Obama urges the Republicans to compromise. There is a concern to protect investments in education, healthcare and national security. Securing these investments impact jobs. It is possible that hundreds of thousands of jobs will be affected by the Congress dragging their heels. Even Senate Majority Leader Harry Reid asked Republicans to listen to the American people and work in a bipartisan way to reduce the deficit.
Even though President Obama proposed an idea for spending cuts that was approved by congress, they were still allowed to borrow from the treasury to pay the nation’s bills. What is amazing is that citizens are expected to pay their debts monthly, while our government fails to do the same. It appears that our congress believes that they have the right to borrow and spend at will, where average citizens are told to live within their budget. Americans want a balanced budget, but it doesn’t seem like our leaders do. These adults, who are supposedly our nation’s leaders, need to learn to compromise as they teach their children to do. The Republicans and the Democrats must budge on their opposition to closing tax loopholes and make the fiscal challenge right for all Americans.