Monday, February 20, 2012 | Dan Beaulieu, D.B. Management Group
This story means that people are finally watching, paying attention, and, more importantly, caring, yes caring about where all of these things come from and who's building them and under what conditions.
Right now the media is picking on Foxconn as a way to get to Apple. They see Apple is an arrogant company, but it has a right to be arrogant since they do make the coolest stuff on earth. Stuff that, ironically, is so cool that customers don’t really care how much they pay for it. When your customers are lining up around the corner for the privilege of buying the most expensive cell phone in the world does it really matter how cheaply you can get it built? But that’s another story.
What I think is important is that these stories, combined with the loss of American jobs, have finally pushed the American consumer to the point of caring and almost to the point of saying, “I’m mad as hell and I’m not going to take it anymore!”
And right now all they’ve heard about is where these cool Apple gadgets are being built. Apple is the only company they’re hearing about today, but wait until they dig a little deeper; wait until they find out where the medical companies build their electronics or where the drug companies put together their products or, better yet, wait until they see, hear, and read stories about where Raytheon and Motorola and Lockheed and BAE buy many of their products. That’s going to be fun to watch, isn’t it?
As our last true Cuban import was known to say, "Lucy, you've got some 'splainin to do!”
It’s only common sense.