We can barely produce enough weapons and ammunition for Ukraine.
I don't think the west's production capacity is ready for a multi front war.
Ukraine is fighting a completely different war, with a completely different military doctrine, which requires different type of weapons and ammo. We're rarely sending what we are actually using. The US is not depleting its own ammo warchest to supply Ukraine. For example, the US is not big on artillery shells in general. We prefer rockets.
If the US moves to a wartime economy, I bet it will have a production capacity never before seen in history.