The US did have that capability from 1945 to the 80s. Clearly Reagan and Clinton were willing to transition to a financialized service based economy and offshore the supply chains elsewhere.

Well for the OECD it worked out pretty fine, Japan and Korea provided new markets for USA while standards of living improved. But when you are realistically not expecting to maintain balanced import dependency or public foreign ownership, then it becomes zero-sum. A cynical projection from those less fortunate.