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Funny! You say that:
"Productivity and innovation have been the lifeblood of this economy for over 200 years, and will become even more important in the future. We may face a day where there is very little actually "made" in the US. Rather, we will be the innovators, designers and consumers for the rest of the world."
What about 2000+ years of European innovation history and 5000+ years of Chinese culture?
Do expect strong competition from China as it happened with Japan in car manufacturing industry.

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