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You are wayyyyyyyyyyyyyyy behind China.
Sure its worth trying to catch up, even at this late stage, but highly unlikely you can rebuild the complex integrated supply chains and and skills base required to even catch up with China now.
The USA simply does not have sufficient understanding of the crucial role strategic government investment plays in the building and maintaining of trade and power projection advantage.
The 'free markets fix everything' hype/bullshit of neoliberal Libertarians doctrines has reduced the wests ability to make things to a critical level of failure and vulnerability.
Governments play a crucial role in the wealth of nations.
Libertarian simplistic 'free markets fix everything' dogma is a dangerously flawed and discredited ideology.