New generation of high-tech manufacturing and high-paying jobs

from President Barack Obama – State Of The Union 2012 on Rap Genius

Meaning

It is something of a myth that Silicon Valley-type corporations will resuscitate the entire US economy. Apple, for example, uses the brutal Foxconn factory in China to assemble its products. An epidemic of suicides has plagued Foxconn in recent years, as the essentially slave-like conditions leave the more than 200,000 desperate workers with few options. The company installed “suicide nets” to try to mitigate the crisis at the factories.

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