Increases in profitability and containment of inflation should be achieved through innovation, productivity growth and competition. Slave wages, absence of labor laws and protections, total disregard of the environment and working conditions in 3rd world countries work too.
Keep an eye on that trade deficit. What are these people who make less than $3000 a year going to buy from the US?? I like how its packaged and touted as "free trade." Its not even trade. Its just relocating manufacturing plants with one way shipping.