If you ever get a chance to read Serious Flyfishing, a self-published book by a guy named John Waite, it is a really fun, highly opinionated rant on the excesses of the fly tackle industry, and particularly on high end rods and lines. It is as if venom drips from every page.
Sage fans should avoid reading it.
More to the point of this thread, he even has a basic attitude toward economics and applies it to fly tackle, in that too many people willingly paying too much is harmful for the whole and for progress in general.
He was a fan of Fenwick and Hardy, though I have to wonder how he would feel about the latter now with their $900 reel and the former with their offshoring of production.
Can the research, materials, manufacturing setup and labor for a $60 line really be that much more than for a $20 line? That kind of thing gets thorough treatment.
I think he takes things too far but there are some really catchy ideas.
I read it about 10 years ago from the library and will never forget his "voice."
As to the "U.S. vs. Them" issue, I don't need anything but when I do I tend to go with US made, though nowadays largely via the used marketplace. If people strapped for cash need to unload some tackle, I think it is a good thing to buy from them.