"There is a difference. 1970-1985 factory jobs did not get outsourced to China. " You say
No, these jobs were going to Mexico, Europe in part, Japan, S. Korea and Taiwan. Even Ford started to have engines built in Europe for some of their US Mustangs......
"What is the new thing average Americans will do? Nanotechnological brain surgery? Flying to Mars? Financial services to the rest of the world? What is your prediction?" You say
Most products have a "life cycle". Introduction-growth-maturity and decline phase in life.
Interestingly- This has been going on for a LONG LONG time, yet despite all the "We are going down!" prophesies, new markets, industries etc have always popped up (Which you sarcastically note.
But we just recently DID have the first private spaceship.
Genetic engineering IS coming and growing.
Biotech is growing................
The F16 is dying the F35 is coming.
Red6
And the average Americans will be working in this field? How many millions of them will do it?
Why this genetic engineering will be cheaper to do in USA?