The United States is in a different place in its growth from China. China, e.g., has relatively new electrification, while we've had it for decades. China's GDP is the equivalent of 19 Trillion dollars, where the US GDP is more like 30 Trillion for a fraction of the head count.
That's not knocking China, as it is not as far into its growth curve as we are. They're doing great.
The Untied States is a free country.
China is an authoritarian dictatorship.
Where do you want to live?
Freedom isn't cheap.
There are tradeoffs we have made. Perhaps they aren't the best, or they may even change.
But you can have China. Or you can have freedom. You cannot, at this time, have both. (Yes, I think it is improving, but I don't see Barbra Streisand or talking about moving there.)
I mean, if you want to compare apples for apples, you should do that.
But you should understand we are in the first quarter of a long competition. |