I would suggest more accurately that America has gifted it to China, through:
* Systematic attack on education and knowledge at all levels, from cutting funding, bludgeoning it with standardized testing, taxing grad students and cutting financial aid, and creating a culture where superstition and idiocy is rewarded instead of knowledge for its own sake.
* Cost accounting has wiped out basic research
* Offshoring and outsourcing have moved core competencies to others who have improved on them and made newer products. I think there are few or no LCD panels made domestically any more. How about hard drives? Chip fabs?
* Systematic attack on education and knowledge at all levels, from cutting funding, bludgeoning it with standardized testing, taxing grad students and cutting financial aid, and creating a culture where superstition and idiocy is rewarded instead of knowledge for its own sake.
* Cost accounting has wiped out basic research
* Offshoring and outsourcing have moved core competencies to others who have improved on them and made newer products. I think there are few or no LCD panels made domestically any more. How about hard drives? Chip fabs?