Nixon called, he wants his policy back.
If China wasn’t openly stealing all the IP they can get their hands on, ripping off good products and undercutting them, and pumping our economy full of cheap crap that won’t last until Christmas, I might agree.
What you suggest isn’t prosperity, it’s giving a drunk a drink. China is out to get us totally hooked on their stuff so they can control the entire game, and they want it soon, before their demographic situation completely collapses (age crisis). If we lean into that, we get less prosperity with more dependence, and it’ll be exactly what we deserve. That same demographic crisis will lead to shortages here when the Chinese workforce can no longer support the level of consumption we’re used to. Even without Chinese dominance ambitions, it’s unsustainable.
We need to be looking at China with more skepticism as consumers and business leaders. While decoupling is unrealistic, some guardrails and limits are necessary to keep our agency.