Money for nothing...

I have come across several articles recently on the booming market for luxury good in the United States (LAT, 8/25/06), so it puzzles me that with so much money floating around that we can’t employ Americans to make a decent pocket radio. I tried to find one the other day and was surprised (and disgusted) to find that they are all made in China, and they are all of terrible quality. Yes, you can get them for as little as $2.00, but they don’t work well. So, with all this money floating around, why isn’t there some American company making $12.00 radios that actually work?