@Charred - Well, I still think that the United States leads the way with Research and Development. We develop things like iPhones and other gizmos that the Chinese and other countries want.
Of course, it’s also true that once they import those goods they reverse engineer them so that they can build their own copies, but I guess that comes with the territory.
The U.S. has to focus on being on the cutting edge of next generation technology so that when the breakthroughs happen, the rest of the world will want what we have. We can’t compete just churning out stuff on an assembly line.