How much do you think it costs to make a pair of Nike shoes in Asia?

Americans need to get over their view of “Asia” as being about making shoes. When I was working in engineering in the early aughts, we mocked the Chinese as being able only to copy American technology. Today, China is competitive with or ahead of America in key technology areas, including nuclear power, AI, EVs, and batteries.

We need to anticipate a future where China is equal to America on a per capita basis, but four times bigger. Is that a world where “Designed by Apple in California, Made in China” still makes sense? What will be America’s competitive edge in that scenario?

What seems most likely to me in the future is that the US will find itself in the same position the UK is in now. Dominating finance and services won’t mean anything when both the IP and the physical products are being produced somewhere else.

Except that that future of a big powerful China doesn't exist. Their birth-rate is 1.

Game-over.

The USA is also below replacement levels.

Not with immigration.

That's not necessarily a good thing. Do the New Americans want the same things as the pre-existing ones? Are they as capable? Not just "in a few generations" but here and now? Are they even likely to be as capable "in a few generations"?

If the statistics aren't very wrong, it doesn't seem like a solution.

Indian Americans make the most money in America, I’m sure immigrants can be capable