You are not crazy, but that doesn't make Fender a scam. Many Squiers play well end sound excellent. So do many MIA Fenders. However, Squiers tend to have basswood and agathis bodies - less sought after body woods. MIA basses use ash and alders, which are more sought after. MIA necks are more likely to be mad of higher grade maple, and Squiers might have non-wood fingerboards. MIAs oftens have graphite rods in the necks. An MIA neck is less likely to dvelop problems over time. (i am not saying your Squier won't hold up.). Also, MIA basses are built at US labor rates as opposed to third-world labor rates.
Both lines have gems.
yeah, thats a good point. the USA quality of materials are probably much better. never really thought too much about that factor.

