Apple, a $500 billion company, employs a mere 47,000 employees. GM, worth 1/3 as much, employs 5 times as many. In other words, Apple is a vampire corporation that sucks cash out of the economy, while returning only 1/15th of the jobs a traditional company of the same size would provide. And they don’t even want to pay taxes to cover the unemployment benefits needed for the job losses they’re causing.
Apple, a $500 billion company, employs a mere 47,000 employees. GM, worth 1/3 as much, employs 5 times as many. In other words, Apple is a vampire corporation that sucks cash out of the economy, while returning only 1/15th of the jobs a traditional company of the same size would provide. And they don’t even want to pay taxes to cover the unemployment benefits needed for the job losses they’re causing.