Also, it'll only meaningfully push down prices if labor prices plummet. Just building more factories won't do it. Typically, when you see MIUSA items now, they

Also, it'll only meaningfully push down prices if labor prices plummet. Just building more factories won't do it. Typically, when you see MIUSA items now, they're high-quality, because it doesn't make sense to use expensive labor while cutting lots of corners on process and cheaping out on materials when your finished good will still be expensive, only a little cheaper than making something high-quality, due to labor costs. This holds for most other developed-world manufacturing, too, and is the biggest reason that "made in [name of developed country]" is one of the more reliable high-level signals of quality—simply because it's rarely a good business idea to manufacture poor products at developed-world labor prices. We can't compete at the lower end of prices & quality without cutting US labor pay rates a whole bunch.