(10/18/12) Can the iPhone and iPad be made in the USA?

By Clyde Prestowitz, Special to CNN October 18, 2012 (CNN) -- Both President Obama and Mitt Romney flubbed the big question on jobs at Tuesday night's debate. Moderator Candy Crowley noted that Apple makes its iPhones and iPads in China and asked, "How do you convince a great American company to bring that manufacturing back here?" Romney talked about reducing corporate taxes, getting tough with China by making it "play by the rules," and stopping its currency manipulation. Obama said that some jobs are just never going to come back because the labor wages abroad are so much lower than in America. What the president wants to do is to double U.S. exports and create new high-wage jobs to replace the low-wage jobs that have been sent offshore. Obviously, neither debater knows the details of how the dynamics of trade and globalization work. Click here to read the entire article at CNN