When someone says “America is losing ground to China or India,” watch your wallet
Politicians tell you America is "losing ground" to other countries all the time. A search on "America is losing ground to China India" returns tons of results, many fear-mongering. This language comes from a misguided belief that business and trade are zero-sum competitions, that if someone elsewhere gets a deal then you lost it. If you want votes and don't mind sowing fear, anxiety, and xenophobia, great. But people succeeding elsewhere doesn't have to mean you are losing. On the contrary, you could see people succeeding elsewhere as increased opportunity for more business and trade. In other words, people always…