“Sure does not help, that so much of our competition, seems to be asleep.”
It’s partly a case of companies resting on their (perceived) laurels (and protectionism), but it’s also a matter of quantities and qualities of people.
50 years ago, even the thought of anything made in Japan being as good or better than a US product (except Sony products and fine optics) was hilarious. Then, 30 years ago, not so funny.
The comparisons between US STEM graduate numbers and Chinese graduate numbers are very, very disturbing.
70 years ago. Then 50 years ago.
The imports from Japan started to come in during the '70s.
30 years ago was 1994. That was when Bill Clinton was the POTUS.