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Americans focused on other things: software, product development, high tech higher value stuff and so on. Our success there might not have been possible without
by seanmcdirmid 1y ago
Americans focused on other things: software, product development, high tech higher value stuff and so on. Our success there might not have been possible without the rise in manufacturing in China to actually make the things designed in the USA, we definitely didn’t have the population to do both, even if we did have the money.
But now we are in a hard spot because China has been focusing on STEM while we’ve been importing a lot of our STEM needs (from places like India and China). China is now in a position to do both, and they have the population, skills, and resources to do both.