Piers Morgan Wants Apple to 'Take the Hit' And Bring Jobs Home
Once again, CNN's Piers Morgan is pouting that corporations like Apple should bring jobs back to the U.S. simply because they should. Morgan was rebutted by Chris Christie the last time he made that reasoning at the expense of shareholders' profits, but he was at it again on Monday night.
He has a "constant nagging problem" with Apple making money overseas. "So they are making squillions of dollars. And yet they still employ massively larger sums of people in China than they do in America," he fretted to guest Sen. Scott Brown (R-Mass.). [Video below the break. Audio here.]
According to Morgan, Apple is successful enough that they can "take the hit" to move jobs back home. "And my argument is why don't they just bring 10 percent of that workforce from China back to America? Take the hit. Because I reckon they'd sell four million iPads next time. What is wrong with that?" he posed to Brown.
The Republican senator responded that he would love to see that happen, but America needs to create a "competitive" business environment first. He added that "they have an obligation to their stockholders," which is a similar argument Gov. Chris Christie (R-N.J.) made to Morgan last month.
He challenged Morgan to "leave CNN, be the CEO of a company, and lead them in a way that's both profitable and beneficial to all the different people you want to be beneficial for. I think that would be fine."
A transcript of the segment, which aired on March 19 on Piers Morgan Tonight at 9:44 p.m. EDT, is as follows:
PIERS MORGAN: What about my constant nagging problem with a company like Apple, say, who are – they sold three million of the new iPads in one day, apparently, last week. So they are making squillions of dollars. And yet they still employ massively larger sums of people in China than they do in America.
And my argument is why don't they just bring 10 percent of that workforce from China back to America? Take the hit. Because I reckon they'd sell four million iPads next time. What is wrong with that?
BROWN: Well have the president from Apple on.
MORGAN: What do you think of that argument?
BROWN: Well I think that you need to make America competitive again. There's a lot of –
(Crosstalk)
MORGAN: But shouldn't it be the –
BROWN: There's a lack of certainty and stability right now. People and businesses don't know what's next. There's this wet blanket right now over people. There's so much indecision, the high corporate tax rate, the high cost of health care and what's happening with that. And it's draining businesses. They don't know what's next.
In Massachusetts, the medical device companies are getting crushed by the medical device tax that's part of Obamacare. That's why I voted to repeal it. I think – I think for Massachusetts especially, it's crushing Massachusetts.
MORGAN: Wouldn't it be nice if a company as phenomenally successful as Apple, said, we are taking the lead here? Because they're creative geniuses. I love all their products. I don't like the fact they employ so many more people outside of America than in it.
BROWN: Listen, that'd be great if they would come back. But you need to make it competitive. You need to create an environment to hire and grow not only in Massachusetts but throughout this country. And when you're paying a 35 percent corporate tax rate compared to Ireland, which I believe is around 12 percent, and you're in the lower cost of health care, the lower cost of unemployment, lower cost of energy – they have an obligation to their stockholders, and they – I'd love them to come back. Hey, amen. Bring them. Come. Come to Massachusetts. We'd love to have you.
MORGAN: Senator, we are in agreement.
- Matt Hadro's blog
- Login to post comments















Comments
Until this country has a
Submitted by Scuba Dude on Tue, 03/20/2012 - 3:47pm.
Until this country has a Government that is not hostile to businesses I cannot blame them for keeping jobs overseas.
Peeeeeeersssssss
Submitted by Jersey Girl on Tue, 03/20/2012 - 3:50pm.
Do CNN a favor and go back home. Londonistan is waiting for you.
YES!
Submitted by Tugboat Phil on Tue, 03/20/2012 - 6:01pm.
Like!!
And he can take Fareed with him
Submitted by Dave. on Tue, 03/20/2012 - 7:22pm.
-Dave
Vote for the American in November
Once you understand that piers is barely smart enough
Submitted by Willis_Leon_Johnson on Tue, 03/20/2012 - 4:16pm.
to pick his own nose, the rest is pretty simple.
he's 'english' and thinks he are smart because of his nationality.
He has a total of one living brain cell and that one is lost in trying to remember how to pick his nose so there is nothing left to play with.
Is he here because London wasn't stupid enough for him?
End 'gun violence in America' - Require training and MANDATORY "Shall Carry" by every Citizen.
If harry reid is the best person to lead the senate, what does that say about the other 99 senators?
Marxist mofos in the media
Submitted by ray johnson on Tue, 03/20/2012 - 4:19pm.
Marxist mofos in the media are always wringing their hands about such things...The guy probably makes what?...5-10 million per...what the h does he care what his next gadget costs. Apple has a big concern with the end cost to the consumer. The mediadolts like Morgan have about as much a clue as Obamao does...none!!
Dammit Piers
Submitted by KornKing on Tue, 03/20/2012 - 4:19pm.
Get your checkbook out, buy all the stock, and show us all how smart you REALLY are.
And besides that
Submitted by KornKing on Tue, 03/20/2012 - 4:22pm.
Somehow I have the idea that Apple doesn't give a rat's ass what Piers Morgan thinks.
DEAR PIERS - I AGREE
Submitted by Sgthulka on Tue, 03/20/2012 - 4:32pm.
It's time for you to go home, too.
What, with a 35% corporate tax rate in place?
Submitted by Dave. on Tue, 03/20/2012 - 7:34pm.
Not a Chinaman's chance.
-Dave
Vote for the American in November
Dear Piers Moron
Submitted by LinTaylor on Tue, 03/20/2012 - 7:35pm.
We'd all like businesses to come home, but wishing for Apple to take a massive hit to their profits just to make you feel good is like sitting by your dead puppy wishing he'd come back to life; the only thing that happens is it starts to stink after a while.
this is such a fake argument.
Submitted by OuttaMyWay on Wed, 03/21/2012 - 10:12am.
They have 43,000 US employees. They are in the 1% of number of employees. Most businesses are less then 10,000. Actually most businesses are less than 1000 employees.
They also have created more US jobs for developers that get their paychecks from companies that are not Apple.
The socialist are jealous, while they create business to manage administration tasks, they do not create them to make actual products.
For example look at the third party companies that actual do work for the government because of taxes (CPAs) or handling medicare benefits.
In praise of free trade
Submitted by Unsane on Tue, 03/20/2012 - 9:46pm.
I LIKE paying what I currently pay for Apple products. Dear Apple: do what you have to in order to keep costs down so that I can pay a decent price for an iPhone. If this means employing the Chinese as you currently do, so be it.
Free trade rules. Protectionism like the sort that Mr. Morgan is aching for more or less caused the biggest, nastiest conflict in world history.
(For you shriekers and protectionists: I just bought a slew of Made in the USA products for a little project I have going on. Not because they were made here - in Texas, in fact - but because they are quality products made at a good price. The fact they were made here was and is icing.)
P.S. Apple - Now you see America's great contradiction. Americans love a success story, but once you get there, the want you utterly destroyed. Enjoy your slow journey to Hell, Apple. (I so hate typing that last sentence...)
"CONSUMED DEMOCRACY RETURNS A SOCIALIST REGIME" - Slayer, "Fictional Reality", from Divine Intervention (1994)
pee'ers doesn't much like jobs being exported
Submitted by Willis_Leon_Johnson on Wed, 03/21/2012 - 1:00am.
And I don't much like Great Britain exporting their morons and fools overseas in this direction.
Tell England to export their morons, fools and imbeciles to moslem countries where they can learn some manners and get in some :Shut the hell up!" practice.
I hear Turkey is nice this time of year.
End 'gun violence in America' - Require training and MANDATORY "Shall Carry" by every Citizen.
If harry reid is the best person to lead the senate, what does that say about the other 99 senators?
Have CNN take the lead
Submitted by CobraMan on Wed, 03/21/2012 - 3:18pm.
"Wouldn't it be nice if a company as phenomenally successful as Apple, said, we are taking the lead here?"
Why won't CNN "take the lead" and transfer all their foreign "bureaus," and the majority of their employes, back here to America? What's that, you're all a bunch of hypocrites? Well, that's nothing new.
The Citizens of each State shall be entitled to all Privileges and Immunities of Citizens in the several States. The US Constitution
Unless you're a fetus. The US Supreme Court
Or Anwar al-Awlaki.