Apple started outsourcing in mid/late 2006, and continued outsourcing more and more over the next couple years. The first major product they released during that time was the iPhone in June of 2007 for $521.49. The Verizon iPhone they just released is $749.99. I don't see how that is cheaper. Better, sure- which it should be since it's using technology from 3 years later. But it isn't any cheaper.
There are plenty of examples of companies outsourcing to save money only to see the execs get huge raises/bonuses. There are also plenty of examples of unions taking pay cuts and benefit cuts only to see the execs get huge raises/bonuses. It's not an isolated case at all. I would bet it happens more often than not.
The tiny picture sure looks bad, doesn't it?
Why did you pick iphone instead of ipod?
Will Apple have this edge forever? Will no business minded person see the high margins as an opportunity?
Are any of those huge executive bonuses spent into the economy?
How widely held is stock in Apple? Do no pensions or 401k's benefit from the increased margins?
Did the current account deficit mean more foreign investment into America created jobs elsewhere?
Have US exports lowered because of all those outsourced jobs presumably leading to higher imports? Or did US workers transition into higher skilled jobs and make more in the remaining factories?
I still think an honest days work should merit a living wage and future retirement though. If a decent blue collar job is no longer good enough to live the American dream then all hope is lost.
What are you offering to personally give up to assure every burger flipper earns a "living wage"?
Last time I checked, the healthcare industry was expanding rapidly. Are those not blue collar jobs?