America did seem to have a golden age. Building the Golden Gate Bridge just took a few years and was very affordable when adjusting for inflation. Compare that to the new bay bridge. Or just look at how the US mobilized during WWII to produce an insane amount of weaponry in just a few years.
Think about the people that grew up when the telegraph was high tech. Then they got to see people flying in jets. Then nuclear energy. Then they got to see people walking on the moon. All in a single life.
The insane amount of progress in a short period does seem to have slowed. And I think a big part of it is our government is woefully mismanaged. It mostly seems engineered to help other people in government. This may be why so many of the richest counties in America are the suburbs of DC, compared to centers of innovation or industry.