1) Brain drain the world. Work visas for every person who can produce more than they consume. I’m talking doubling the US population, bringing in all the factory workers, farmers, miners, engineers, literally anyone who produces value. Can we raise the average IQ of America to be higher than China?
2) Back the dollar by gold (not socially constructed crypto), and bring major crackdowns to finance to tie it to real world value. Trading is not a job. Passive income is not a thing. Instead, go produce something real and exchange it for gold.”
The first step has been in existence for decades in the US. Also, it is not sustainable potentially destabilizes other countries. The second step may have some merit, but I seriously doubt it will turn things around by itself.
China has largely built domination over the US and manufacturing by a combination of the hollowing out of US manufacturing and other capabilities due to short term profit goals of US companies and unfair trading practices, primarily due to imbalanced environmental policies, labor policy, and currency manipulation by China.
Many free traders lambast protectionist policies, but protectionist policies are largely what made China what it is today.