n0nsensical

It's a sign of American society fracturing into haves and have-nots. The haves are the masters of capital. They naturally favor outsourcing because of cheaper labor => higher profits. The have-nots are everyone else, the people who are, or were, responsible for the actual production. Our ballooning trade deficits with Asia are one symptom. The fall of the dollar is another.

Something has to give, either society must reduce consumption or increase native production as we export money for goods. Money only has value as long as there is the expectation that it can be traded for something of tangible value. On the gold standard this was simple. (Although, the high value of gold is still a mystery to me.) On the "US Treasury Bond standard", it's a little more complicated. As the dollar loses value due to excessive foreign debts we lose the ability to trade for goods and services. Outsourcing becomes more difficult until the whole system collapses: foreign production is useless because we can't trade for it and we no longer have equal domestic production.

We have had a major advantage up to this point which is that we were much more developed than the rest of the world (except maybe Europe) and didn't have to deal with nasty wars destroying everything and everyone (like Europe). At some point they're going to catch up though, and having an entirely short-sighted population and leadership doesn't help matters.