We need a real leader that will recognize that this country needs to stop the tide of us turning into a service economy and bring us back into being a manufacturing economy. We can all differ on how we want that to happen but someone needs to make the case to the American people. The cheapest price isn't always the answer. Made in America used to mean something.
I want to agree with you but manufacturing in this country is just not cost effective and it is not in our capitalist ways to shift the trend. Japan used to make toys and all the crap that is consumed, they don't any more. Taiwan also, it all went to China. Now some of the stuff China does is shifting to Bangladesh and Pakistan among others, and so goes the cycle of manufacturing. My prediction? Africa will eventually take up a lot of the slack, China is more entrenched there than most know.
The U.S. is now a place of ideas and initiative and I don't see that falling off in my lifetime. China is good at stealing our ideas and copying them, I don't see that stopping either but China will go through many of the changes we already have as more money flows to their population. It's a slippery slope but for big business, you export the labor for the bottom line. I know you already know this and I don't like it any more than you do, but it is our reality. I do however see lots of opportunity for craft goods and materials, high-end stuff where your return is going to be at the price point that you can afford paying labor. Stuff like kitchen cabinets, furniture, alcohol, ecigarette juice (I am seeing this first-hand and the quality and creativity is astounding), etc.
Anyway I'm from Detroit, seeing the decline of the American industrial machine is something I probably think about every day. I don't like it, but I think our economic prowess is far from being extinguished even beyond a consumer-centric economy.