Think about this, many items are made by automation now days, so the lower cost of labor doesn't apply in many cases. Even when it does, if another country can make a quality product at a cost low enough that they can not only pay to have it made, but also pay to have it shipped to the states, and then sold for 1/4 of what a US made item sells for, that tell me something.
So, no, Government regulations, and corporate/union greed drove the businesses out of the states, and overseas. Then Corporate greed, and illegal immigration caused a further drop in wages.
The end result was a the need to find and buy items at a cheaper cost due to less disposable income being available. I know that's where I was a few years ago when I bought a 12" disc sander, and tooling grinder, with two green wheels, from HF. I gave less than $100 for the disc sander, and I believe $130 or so for the tooling grinder. This at a time when even a used disc sander (say Rockwell) was going for $500 plus, and a tooling grinder, without the green wheels, was going around $1300+....it was a no brainer on my part. I've had both for nearly 8 years now, and work the mess out of them without any issues.
That aside, I've pulled the sticker off of HF 4 1/2" grinding wheels before and they were marked with a more well known 'name brand', that sold for far more under that brand name.
Now, you tell me why people shouldn't buy from HF, and save some money, instead of paying $6 for a $2 grinding disc, just to feel good about 'buying American'.....
That's no to say the premise of what you said is wrong, as it's not. Instead I'm just saying it's not as simple as you make it out to be.
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