https://archive.ph/xgc0t

The irony of this situation is that the Chinese and other nations are increasing

Looking further afield, Carney says that many other countries are increasing their public funding for research, and expanding their investment in the science and technology workforce. That benefits science as a global enterprise, she says, but it also creates competition for talent and scientific advancements in many fields. If the United States wants to remain a leader, she adds, aspirational legislation such as the CHIPS and Science Act might not be enough.

“Our innovation system cannot thrive on policy language alone,” Carney says. Congress must follow through with “real and sustainable federal investments that mirror those very same goals and aspirations”.

Well, with the middle class destroyed, the US has 2 options. Use deficit spending via MMT or to tax the rich.