That sort of argument is akin to telling a dope junkie that his "high" is bad...no one in that position would believe such a thing.
Of *course* consumers want nearly-free consumer goods. That's not in question. It's not even debatable.
It's the *other* side of the equation that isn't being mentioned by such an argument, however...
...the business investment losses.
Because while the product dumping is going on due to this currency manipulation, the clear way to "compete" is to invest in China. If you can't beat them, join them and all of that nonsense.
Which means that new investment Dollars are pouring into China...Dollars that would have gone into U.S. investments if China wasn't subsidizing their exports by under-valuing their Yuan.
...And it's the loss of those business investments to China that is bad, not the (nearly) free products that we get from China.
Lose enough of those investments and suddenly we've just "sold" an entire market monopoly to China in exchange for saving a few pennies on a knife at Wal-Mart.
And losing an entire market means that China will be able to set prices in the future...the goal of every monopolist.
Worse, it means that more and more U.S. Dollars are leaving our domestic Magic Dollar cycle...diluting our own financial leverage.
When our Magic Dollar leverage is factored in, and when our lost business investments are factored in, suddenly those "free" TV's aren't so free anymore.
Which is the same thing that the dope junkie learns when the last high runs out.