We're so far behind we can't see the taillights on a dark night
While we can still see some bright stars in the sky where we are doing what "can't be done" (OLPC, for instance), most of what we have now is offshore parts and support.
You know you've lost when it's a joke outside the industry. Big laughs when Jeff Dunham's puppet "Walter" grouses " . . .I don't mean the Indians who say 'Huu-ya, huu-ya, huu-ya, I mean the Indians who say 'Thank you for calling Tech Support . . .my name is 'Chuckh'!'" The fact that it IS a joke shows that everyone understands the issue and knows that North America has become just another market.