China is winning and the USA is losing. The US might never recover.

 If the United States does not lower taxes and again become a sanctuary for foreign financial assets the country loses many of its greater advantages. Over regulation in the USA is making citizens waste their time on  nonsense initiatives that are counter productive instead of competitive. The US should be party to no world wide minimum corporate tax and we should be allowing our citizens to realize capital gains without being taxed on inflation.  We are doing ourselves in much like Great Britain has.  We are following many of their mistakes.  China's motto could be we can do any thing better because now they can.   We tear down dams and they build an infinite number of dams.  Our major dams are getting old many 100 years old and the engineering is outdated.  when you see white water coming out of a hydro electric dam it means energy is being lost from a river that is otherwise rather calm.  where you hear buzzing high tension lines you also can figure that energy is being lost.  We are spending billions and trillions on nonsenes climate change principles that are basically pyramid schemes  and fast money for a few people scams.