"But let’s not kid ourselves: talking about “competitiveness” as a goal is fundamentally misleading. At best, it’s a misdiagnosis of our problems. At worst, it could lead to policies based on the false idea that what’s good for corporations is good for America."
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Indeed, for a country our size, we are as competitive as we can get. The problem is NOT that we are uncompetitive and to be very honest I do not think we want to out-compete China or India, where wages are so low that we will drive ourselves nuts doing so.
What we need to do is to tell China not to manipulate its currency and impose sanctions on Chinese products if they do nothing about it.
Additionally, all those Americans who are out of work, need to realize that their jobs can be done by someone else at much lower cost, and they either need to retrain themselves to do something else, or be content with doing low-wage jobs.
