When did the corporate tax rate get cut a decent amount those eight years? If you own a business or run one and see that keeping manufacturing in the USA will send you into bankruptcy the choice to move it overseas is a matter of survival. You are complaining about the problem but proposing no solutions.
I don't know where you were during Bush's terms but you didn't pay attention. The Bush tax cuts kept unemployment in the low 4% range for nearly all his time in office. They also got the economy through the shock of 9-11 and the recession we were in when he took office. Remember the dot-com bubble that burst at the end of Clinton's last term. Bush sure wasn't perfect but he had a good economic record. Had the Democrats not stopped the reform of Freddie and Fannie he proposed in his FIRST term the mortgage meltdown would have likely been prevented. Don't believe me? Watch the video.
They beat us at our own game because our government lets them by excessive taxation and regulation. Once again you complain about the problem and never give a solution.
We buy Chinese goods for two reasons. One is they are less expensive because their government isn't near the burden on business as the US Government. The second is we can't manufacture all the goods we consume. How much do you want to pay for a pair of underwear? A pair of tube socks? If we made all our own consumables the inflation rate would be sky high. Once again, you complain about the problem but give no solutions.
China's government isn't growing and growing. It is their economy! Do you understand the basic economic fundamentals at work? Our government grows larger and taxes us more and more while our economy barely grows if at all. China's economy is growing by leaps and bounds and at a far faster pace than their government. It is our pathetic government that is the cause of our anemic economic performance. Get the government off our backs and the USA's private sector will economically kick the Chinese's ass up one side and down the other.