On a different note this is also about Global income disparity.
Chinese work cheaper so we have less jobs/money.
1. "For certain classes of goods and certain services, like customer phone centers, it makes senseeconomically if not sociallyto employ these offshore workers. Americans as a group have too high a standard of living for anyone to employ them making, say, lawn mowers. A mower made overseas costs $250 to $350. One made by American hands would cost $800 to $900and the utility value simply is not there."
The Coming Robotics Age
2. If they [iPads] were built in the USA you basic model iPad would likely cost closer to $800 or $1,00 instead of $499.
Samsung to seek iPhone 5 ban in Korea MacDailyNews - Welcome Home
3. Walmart's new ad campaign says that the store saves the average American family $2,500 a year. What is doesn't say is that you don't actually have to shop at Walmart to take advantage of the savings.
The study that Walmart is citing in their ad showed that competition from Walmart lowered prices and saved the average family some serious money, regardless of where they actually shopped. Also, Walmart isn't mentioning that after wage depression, the net increase in purchasing power averages only $1,122 annually.
Walmart "Saves The Average Family $2,500 A Year," But You Don't Actually Have To Shop There - The Consumerist
Yep why I say we are not thru going down in living standards yet.
Less wages/benefits for US workers is the only way we can compete in the global marketplace. It is called increasing productivity.