NYT: How U.S. Lost Out on iPhone Work

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10. To help the US economy, only the products sold in the US need to be made here.

It is the debt created by the importation of manufactured products from low wage countries that hurts the U.S. economy.

Americans don't benefit by importing cheaply made products because, in most cases, the importer does NOT pass along the savings to the US consumer.

A lot of electronic products are run using embedded computer chips. The cost of manufacturing a cell phone that costs $150.00 is little more (if any more) than the phone that costs $30.00. The difference in operation and features depends upon the software that is loaded into the computer chip. The software development costs are the same for both. It all depends on which features are enabled for a particular phone. The same holds true for many types of electronics.

That said, it doesn't follow that Americans should be gouged economically to ensure that corporations like Apple make unseemly profits.

The only reason that corporations can cheat the American people is because trade agreements such as NAFTA, and organizations such as the WTO, the IMF, the World Bank, and the Federal Reserve ensure that no American companies who want to manufacture in the US employing American workers can compete with the multinational corporations such as the outsourcing Apple corporation.