I would cheerfully pay 10 times for these stupid electronic gizmos if it means I get back the standard of living that once made America the envy of the world.
Sure, who wouldn't? The problem is, it doesn't mean that at all. If the gizmos are assembled by robots in America and the money goes back to China or even better, gets hidden away in whatever country is the tax haven of the week, then the end result is actually worse than if the doodads had been made in another country because we have to eat all of the pollution. And as it turns out, Foxconn has a bad record even for a Chinese company.
Letting Foxconn build an automated factory in the USA, employing construction workers for a year or two and then only a mere handful of minimum-wage employees whose job is to clear jams from machines, is not going to bring back your grandfather's standard of living. That was based on being the last guys to enter WWII, after the rest of the world had the shit bombed out of it — and then bombing it some more. Producing all that stuff and then letting companies like Lockheed and Boeing keep whatever materials were "left over" at the end of the war to make stuff with (e.g. Lockheed not only made airplanes, but also AlClad travel trailers — we've got a 1962 Streamline "Duchess" here) is how we created that prosperity. Not to mention selling the Nazis fuel and the Japanese Aluminum during the early parts of the war, or the company Prescott Bush ran during the war whose purpose was to funnel funds to Hitler's S.S. — the seed capital behind the Bush family fortune was based on Nazi profiteering.
TL;DR: American prosperity was based on Nazi victories.