Western world is in love with amenities and cheap ones at that. Now imagine if the iPhones were assembled in US instead of China what would the price be? This is just a single observation.
Now put in inflated defence budgets, hiking debt, hidden inflation, etc etc. People may say the welfare is wrong but it does help people. I also believe it is being used as a political tool for vote gathering.
You guys need to get it together because the whole world depends on US of A.