India, for the average Indian, is a hellhole. Per capita GDP is $3,000 a year. Per capita GDP in the U.S. is around $50,000. The eagerness you noticed was actually desperation and apparently you feel the U.S. should follow this model.
There is no way the U.S. can compete on those terms. There is no way the global economy can function with countries competing on those terms. With the U.S. sucking up excess global demand on their credit card/equity loan while losing middle class jobs. The financial crisis in 2008 was largely about this and zero has been done about it. This means the next crisis will be even worse.
Have you been shopping in (any) America store recently?
Everything is made in China.
While incidentally, China keeps getting to be a stronger potential opponent. And richer. And in control of ever more of America’s former manufacturing base. Now making aircraft carriers, and enjoying an ever-growing national trade SURPLUS.
A whole signicant portion of which, comes right back here to America. Benefiting absolutely no Americans.
Bring back manufacturing to America. Stop sending jobs to China.