Chinese drywall is drywall made in China that has poisonous ingredients and makes anybody putting it in their house very sick. So sick you would have to vacate the house entirely.
What has gone wrong with America is that we have all fallen victim to the myth that globalization is best. So we get our clothes from China, our technology built in Pakistan and the call centers relocated to India. And our drywall from China. Of course, China doesn't have the quality standards we do in the United States and has even less of a concern for human life, especially American human life.
Globalization is best for large corporations. It is not best for Americans. Large corporations can avoid labor laws, safety requirements, lawsuits for avoidable workplace deaths and pollution restrictions in third world countries. They can't do that in America.
Another problem is that America no longer manufactures what it uses. That means Americans that make things are pushed out of work, which is a big problem.
If most of the products Americans used were made in America, it would be an automatic hedge against the kind of recession we are having now. When the American economy is based on betting against stocks and mortgages, there's not much to hold it in place when optimism sours. When American workers are making what Americans buy, a reverse in the financial poker game won't devastate people and families.