My Taiwanese '84 Rockhopper is pound for pound the best value bike I ever bought. Used for racing, touring, commuting and everything else for a while, including riding up and down real mountains;-)
I can't buy the notion that it would have been even more useful, durable or more valuable had it been manufactured in a more patriotic venue, or somewhere with more 'authenticity' like Italy.
At the time I bought it, the design, price and quality suited me just fine. Most of the original components still work, apart from the obvious transmission and brake consumables.
What's not to like? You either agree with globalisation of capital, which American business is supposed to agree with, or you want protectionism, which encourages others to reciprocate. I'll let the armchair economists debate this, whilst I ride my old bike some more................