Nope. Americans were convinced that if manufacturing were moved overseas, Americans would in turn get less expensive goods. When manufacturing moved overseas, labor cost for a company would drop to a fraction of the cost. Yet, Americans ended up with cheaper goods and fewer jobs, while the corporations pocketed the extra profits. Cheap & Inexpensive shouldn't be used as synonyms. I worked in retail for years and watched clothing go down in quality, but not in price, first hand. The concept of a Ferragamo dress shoe with a glued on sole was unthinkable 20 years ago, yet here we are. Food is getting ridiculous now too. Double stuffed Oreos are really just the old regular Oreos, but Gen Zers are too young to notice the finesse.Everyone wanted to buy common goods as cheaply as possible then go into debt slavery for luxury to the point we collectively as a people had no problems with sourcing everything from China. So this is what citizens ask for
A quarter pounder patty used to stick out the bun.
Potato chip bags are filled with so much air to make it seem as if the bag is full.
Movies are trash now.

Warranties are a complete waste of moneyYes and that is because companies are building in planned obsolescence and failure
The problem that brings is that it produces substantially more waste which cause an enormous problematic feedback cycle
Things go bad quicker...throw away...more garbage....more environmental problems
I can bet you that washing machines, microwaves etc from your parents generation are of SUBSTANTIALLY better build quality than modern ones