You've probably heard by now that the "Go USA" mittens seen in the NBC promos were actually made in China.

The U.S. Olympic committee says the mittens worn by the athletes are actually made in the United States; but, they were looking for an affordable option for retail sale to raise money for the athletes.

Is it possible that mittens made in the U.S.A. would have been that much more expensive?

Well, the Team U.S.A. mittens made in China are currently selling for $14 a pair.  If you would like to purchase the same mittens the athletes are wearing (which are made in the U.S.A.) you'll have to pay a whopping $98.

There's no word how much the U.S. Olympic committee has marked up the 'authentic U.S.A. mittens' - but, the committee's stance is that American made mittens have nearly a 75% additional cost in production, which is reflected in the retail price.

Providing all of these numbers are accurate, one has to ask: 'What does this say about America's ability to compete in manufacturing across the world?"