Younger than Hack
That is an excellent point. I used to buy Redwing work boots. The last time I went to buy a pair some of them i found were made in China. When I asked the shoe guy about that he told me, Redwing uses a glue to make their boots that is no longer legal in the United States, due to the EPA regulations. So instead of finding a safe glue that has the same characteristics they decided to just send the work to China where they can use the glue.You have to consider more than just the country of origin. The factory that makes cheap Walmart bikes may not be anywhere near an environmentally friendly as the one that makes my Wabi.
I no longer wear Redwing boots. They are made in the USA, and it is a USA based company, but it is about ethics on some of these things. The material was determined to be unsafe for workers to be exposed to in the USA so instead of making it worker safe they made it unsafe for other workers. That is just not right in my book.
As for my Cannondale. I am very happy with the quality and feel it is worth more than what I paid for it. So I would have to say they are worth the price.