The thing is you don't need to run a grueling factory that runs you ragged in the modern day unless you are trying to undercut the poorest economies in the worl

The thing is you don't need to run a grueling factory that runs you ragged in the modern day unless you are trying to undercut the poorest economies in the world. People don't want manufacturing back here to try and dominate the world in manufacturing capabilities, they just want some minimal amount of local capacity for it, and for the people that do it to make a decent wage and have basic safety standards. Its not like the US is struggling to barely survive and couldn't afford the cost. But in order to do that and not have it become some grift by the owners from the government there would need to be hard limits on how much owners and investors can extract from it, which is straight up anti-capitalist and of course capitalists are vehemently opposed to any industry or business not operating under capitalist principles, doubly so if it is a state-owned business.