I don’t think America does. It wants to fuck over trans people, immigrants, and remove the rules for ultra rich people more than anything else, and that comes at a huge cost to America as a whole.
https://nationalpost.com/opinion/high-immigration-is-worseni...
I don't think tax cuts for the rich are very wise given the budget deficit, but continuously increasing government spending, taxes and regulation is not wise either. U.S. government spending as a percentage of GDP is the highest it's ever been, even more than during WW2. Over regulation is a major problem, as seen with CAHSR, and even figures on the left are starting to realize it, e.g. Ezra Klein.
It's only the MAGA few who buy into this whole anti-immigrant rhetoric. Even the Republican party still loves immigrants - as any business-oriented party would! - even if they're forced to pretend otherwise due to temporary political concerns.
All around the world, there are people who feel as though they don't belong where they are. They're minorities in one way or another. Sometimes racial, sometimes intellectual, sometimes sexual. Those people look to the US with starry eyes - as a heaven where they can be themselves and make something for their lives. The economy is really only half the story here.
When we persecute trans people or other minorities we really chip away at that image and culture. And we can directly see the results - people don't look at the US like they used to. This image is becoming less and less popular globally.