The electronics they make for us...they should all be made here. Damn...why are we so stupid??
Because we permit a "donor community" to exist.
Because Intel decided not to compete in the nano market and left it to TSMC, which became a global monopoly - or in part a duopoly with Korean Samsung.
And that happened because Intel, and Silicon Valley in general, was allowed to stagnate into corporatist centralization.
The core problems, or maybe just a part, I think is the regulatory and legislative treatment of mergers and venture capital.