Looking at the graph of price changes, it looks mostly like things that are cheaper come from abroad. Things that got more expensive are strictly domestic / unoffshorable. I guess this says a few things even before you get to regulation: - America outsourced a lot of engineering jobs of all sorts, leading to a lower supply of skilled labour at home. The places that received the outsourced jobs got better at it and do…
Citation needed on the "happy" part. People just did what they had to do to survive.