It is simply too late to try to suppress China. The United States must either spend seriously on research and development, along with industrial policy, or it will lose the race for twenty-first-century technological supremacy.
I kind of wonder, if “Buy America” wasn’t a requirement and the US allowed China to bid for High Speed Rail contracts would the US already have decent HSR network by now?
No, the automobile lobby is too strong here. The US used to have an extremely strong railway network before the automobile industrialists destroyed it, and they won’t be letting their cashcow go that easily
I kind of wonder, if “Buy America” wasn’t a requirement and the US allowed China to bid for High Speed Rail contracts would the US already have decent HSR network by now?
No, the automobile lobby is too strong here. The US used to have an extremely strong railway network before the automobile industrialists destroyed it, and they won’t be letting their cashcow go that easily