The one factor being lost in the discussion as to US competitiveness is simply education.

The US for years relied on an immigrant population by placing a value on attracting talent globally. This allow it to mask the decaying core which is their substandard education system. The vast majority of peoples value aspirations towards the entertainment and leisure industry.

The numbers of scientists of Asian descent in various technical and research entities is high and growing. (However, there have been recent studies that show this is slowing down due to local phobias, a glass ceiling which are causing the talent to reconsider other places in the world.) That's simply because the existing indigenous population have a different set of values.

The Orange One is oblvious to all this.