Once we become dependent on these "low priced goods", and the manufacturers thereof move to foreign countries, which may or may not be our "friends", and the skills here lost, why should the prices stay low?
How are my profitable foreign investments, reducing current consumption, living for a momentary gain?
Investing in foreign enrichment instead of the enrichment of you own fellow countrymen means the degradation of the opportunities of your fellow countrymen. This may work for the moment.
If their prices rise too high, they will lose the manufacturing jobs they gained.
Investing in foreign enrichment instead of the enrichment of you own fellow countrymen means the degradation of the opportunities of your fellow countrymen.
Do you feel the same way about foreigners who invest in the US instead of their own country? Are they enriching the US and degrading the opportunity of their fellow countrymen?