You are entirely correct. The reason? See tagline.
It's far worse than that. It wasn't even about dangerous freedom. It was about being able to have our toys for a few pennies less.
We sent our manufacturing, technology, and money to China.
We chose communist slave labor over our own Vets and offshored our children's future. Now we have a major Vet homelessness and suicide problem, and our children have grown up to be the angry young mobs that are rioting instead of holding down the jobs that are no longer in the country.
We sent our tax base to China. Now they're building their military and infrastructure with our consumer dollars, while our infrastructure is crumbling and we needed to raise the debt limit just to pay the interest on our loans.
Why? For the promise of cheaper products and "benefits to the consumer".
Just to show how utterly stupid we are, where are those cheaper prices we were supposed to get?