Air-conditioners are cutting edge now?
Your first paragraph doesn't make any sense and is completely unrelated. I gladly use my Chinese made and designed phone, the days when they just copied everything is passing. You think anyone would pay $2k for an iPhone if it was made in US?
A few nutjobs excluded.
You think an economy just produces the same crap as decades change? What sort of thinking is that? I hope we get even more productive, so the T-shirt factory will have 3 workers instead of 300...there's your "jobs".
They actually do, you just have to look around. If you just buy the cheapest shirt then of course it won't last. Then again European manufacturers have higher requirements when making stuff in China.
Fashion statements work to an extent only, the poorest (low + lower middle) won't keep buying pricey "made in America" shirts when the trend dies.
Pretty funny that on a trading related forum everyone is full of patriotism and economic irrationality.