So you get upset about buying a $3.00 wrench, with no moving parts, that "may not last a lifetime", but it's ok to spend $300 on an Iphone that is obsolete in 5 years?
I still don't get the hate for Craftsman.
I haven't seen to many c'man wrenches for $3, they're more like $5 or $6.
The point is that Craftsman's whole schtick was that they were lifetime tools for the average homeowner. I don't believe that that is the case anymore. For one thing, they'll be out of business in a decade or less unless they turn things around in a big way. For another, *without* that warranty, I suspect that the current tools may be worthless.
Why would I pay $50 for a C'man wrench set that I'd consider disposable when for $100 or thereabouts I could get the same set from several other manufacturers with a better reputation for quality and a lifetime warranty?
As for the iPhone, I don't like that it's made in China, but given the backing and QC of Apple, the main objection there is political and trade imbalance, not the quality of the product. Also, there's a distinct lack of competing products *not* made in China at any price, so there's that. Finally, the phone only has to last 5 years at the outside, so decades of durability simply isn't a concern. Even if you take excellent care of your phone and buy a new battery every few years so it keeps its charge correctly, in 5 years even if it is working as it did when it was new it'll be so obsolete you'll buy a new one anyway.