This isn't even close to being true. All the top innovation happens here. The top 25% in American schools blow away the rest of the world, we just have a lagging bottom 25%.
Because we led, doesn't mean we will lead. You get to be a leader by leading, not by resting on your laurels while someone else becomes a leader.
So, while I don't think I'll have an impact on corporateguy5's opinion, maybe some other reader will keep this in mind and somehow benefit from the awareness?
Has only 2 US universities, 3 from China and 2 from Singapore (which is crazy, as there are only 4 technical universities in the first place).
I will admit that the US has some damn fine universities, but far from all the top innovation happens in the US.