That’s not even saving face, there is no face left, this is sheltering his ego and maintaining the illusion that he was successful to the MAGA crowd.
Well, the blinder they are to reality the better for the global majority. Unless he goes and starts a war.
It’s also important to consider GDP and GDP PPP doesn’t consider unpaid labor. Housework, taking care of kids, etc. if it’s not paid. I don’t have any metrics on this, but in China it’s extremely common for families to be more tight knit compared to the US with the atomic (parents/kids) family. There is also a lot of unpaid work, such as grandparents taking care of the kids instead of a babysitter. Not only does this on one hand reduce GDP, but it’s socially preferable in that there is more of a familial social safety net on top of the public/governmental one.
Keep in mind that’s just high speed rail (HSR). China has an even more extensive network of regular rail, which millions use. The rail system is also indispensable for transporting goods efficiently, and with green potential since they are electric.
Things are so much more expensive in the US that, when you adjust for purchasing power parity (PPP), China has a GDP PPP of 1.25 times the US. Source? The CIA.
GDP is still flawed even when accounting for costs, but it goes to show how behind the US is.
Hilarious but expected.
The point that the US might be able to restore manufacturing if it was automated is also absurd. Just look at the stats of industrial robots installed in the countries with the most.