Remember the old phrase, "What doesn't kill you can only make you stronger"?
Well, we lived through George W. Bush, and technical innovation has never been greater, growth has never been higher, applications of new technology have never been as enormous in huge new projects like high speed rail, nuclear energy technology, silicon ingot manufacture, super-magnets, and superconductivity, just to mention a few ....
Oh ...... that's all in China.
Hey, look on the bright side! We lived through George W. Bush!