Wizard,
Here's a link to a very interesting article that addresses many of the questions I've had for the past several years. I've been asking myself that if all manufacturing is done outside of the U.S., where will we earn the necessary income to pay for our new "Service Economy"?
Many thank to all in our government for sleeping on the job, Giving China "Most Favored Nation Status and most of all for good ole NAFTA. What a bunch of buffoons!

http://www.whatreallyhappened.com/ARTICLE2/doodoo.html