Perhaps I've just met enough people in the US that have the brains and the intestinal fortitude that I think can do what it takes. I won't even try and argue with the posted article since I agree with it for the most part. Over the past 20 years I've done progressively less and less business in the US or partnered with US companies.
There is one advantage that the US business environment has and that is it's relatively low level of government regulation. That has played a significant part in the current problem but also allows the rapid maneuverability that is required when adjustments have to be made.
The US domestic focused businesses will fail or recognise that they have to look outward and adjust. Government won't really have much to do with that change.
It can be rather amazing to see what can happen when one's back is up against the wall.