> successful commercial CPU architecture and the TFT display all came from the UK, the first > (and, so far, only) supersonic passenger aircraft was a joint venture between the UK and
Many basic research came from Europe but the US and Japan was better to actually bring products to the market.
> Through most of the twentieth century, the USA operated quite a successful brain drain,
> skimming off a lot of the best and brightest in the rest of the world by offering them
Yes, they also profited highly by German scientist (Einstein, Werner von Braun etc.) and by not having lost the war.
> bigger salaries and, more importantly, a lot more resources to continue their work.
> Now it's quite difficult for someone with a PhD to get a visa to work in the USA
Not so difficult but the jobs aren't just there. I have a PhD myself and I would never go the same route. Here they need lawyers, medical doctors and MBAs.
> mention the crippling IP laws which make the USA a much less attractive place to do
I don't think this is true. But what is true that other countries are more flexible concerning ethics and research (stem cells etc.).
But what concerns me is the massive brain drain that the US is currently experiencing. Tons of my friends with MBAs and PhDs are fleeing the country. Destinations are Brazil, Europe and China.
I think the future does not look the good in the near term and middle term future. It may look better in the long term future. The US is expected to have 500 Million people in 2050. How overaged is Europe and China then? The only question is: Will the majority of these people hold McJobs or decent paying jobs?
I hedge my chances and will likely leave the US this year. If the US government should do something then this: send your young people abroad to study and learn another language. In may EU countries you shouldn't bother at all to apply for a good job without experience abroad.