That’s a false dilemma. Reagan didn’t bring the USA back due to increasing subsidy for US industry, just for one big example; doing the opposite helped us win against the Soviets.
Oh, I understand that completely. He called the Soviet bluff and simply outspent them on military hardware while also increasing the productivity of American industry.
It put them in an untenable and un-winnable situation, and they went belly up.
Brilliant. Trump can do the same by un-hobbling the industrial capacity of the United States by decreasing the regulatory burdens and providing favorable tax and investment environments.
It will beat a state run economy every time it is tried...:)