>> US companies can’t beat Chinese companies completely subsidized by their national government.
> Except our companies do just that, all the time. Who is the Chinese Intel? The Chinese Microsoft? The Chinese Boeing? The Chinese NVIDIA?
Where are the new ones?
Also Intel is not doing well, and the Chinese (after a fashion) Intel is TSMC, who also does NVIDIA's manufacturing.
> People forget that the US is still the #2 manufacturer in the world, and that's (apparently) without halfway trying.
So? That fact sounds like pablum. I think the real story of US manufacturing has been one of erosion of capabilities and long-term loss of strength. The US may still have a high ranking, but I'd bet: 1) much of that of that is low-volume and legacy, 2) second-place is still only 60% of what China does.
> Except our companies do just that, all the time. Who is the Chinese Intel? The Chinese Microsoft? The Chinese Boeing? The Chinese NVIDIA?
Where are the new ones?
Also Intel is not doing well, and the Chinese (after a fashion) Intel is TSMC, who also does NVIDIA's manufacturing.
> People forget that the US is still the #2 manufacturer in the world, and that's (apparently) without halfway trying.
So? That fact sounds like pablum. I think the real story of US manufacturing has been one of erosion of capabilities and long-term loss of strength. The US may still have a high ranking, but I'd bet: 1) much of that of that is low-volume and legacy, 2) second-place is still only 60% of what China does.