It's no coincidence that we began the slash funding to higher education and actively attack higher education as soon as widespread Visa programs existed to bring in trained workers. Why would you as a billionaire want to pay the taxes for local citizens to be educated in college when you can just have another country pay that and pull those people over?
So when I was a kid the government paid 80% of tuition and now they pay about 30%.
Again, this is not a coincidence.
This of course creates enormous amounts of social instability from vast swaths of people who are cut off from middle class living and higher education. So yeah let China have that social instability.
The trade off is that America doesn't get those patents but I don't get anything out of those patents they are owned by billionaires. I can pretend that the companies owning those patents will somehow pump up my 401k but thanks to you multiple economic crashes and a handful of layoffs following those crashes I don't have much in the way of savings and I sure as shit don't have the money to go out buying stocks or the ability to risk buying into a startup that might go tits up.
Now would I like to live in a country where immigration increasing the GDP directly improves my quality of life instead of cutting me off from middle class employment? Yeah I would love to live in that world. I don't. I live in a hyper-competitive world where your entire quality of life is based on the job you get.
If somebody wants to suggest a viable way of changing that I'm all ears but every time I seriously bring it up I get modded down into pulp by people furious at the prospect of paying somebody to not work. Or I get a handful of libertarians talking about Ubi replacing all the other government programs and need to stop and explain, uselessly, why that is not going to work and solves nothing.
So if you don't have a third way I don't want to hear it.