No. We had choices. US, Japan or West Germany. Now we have none.
Obviously people didn't care about "Made in the USA" then.
Consumer choice. And they don't care that Iphones and Amazon shit is made in China, cause they sell like hot cakes.
Some tools are still made in the USA, but if you go to a trade forum, or DIY, and plenty of people will tout made in China tools too.
If "Made in the USA" matters to you, buy "Made in the USA", but if it doesn't matter to enough people, then manufacturers will no longer tout it.
And BTW, manufacturing jobs suck anyway, at least the ones I had did. And you know that this isn't the 50's, most factories use automation to such an extent that bringing manufacturing back to the states won't provide the same amount of jobs it used to.