If the rebuttal is "yeah but advancements improve the economy" -- The private sector can fund projects which are opportunities with an economic basis, they can take the risk and they can see if it is profitable in the market (ie beneficial)
If the rebuttal is "How will America stay competitive?" We cant seem to keep trade secrets anyways. [1]
[1] - https://www.bbc.com/news/world-asia-china-64206950
Edit: Also the 4 years at a time thing is probably a better choice too, because it makes them less twitchy politically. You get your 4 years, regardless of who's team is in office. This should be a win regardless of your affiliation.
Some Americans took a hard look at the state of America as the world's leader in science, technology, and industry, with a ton of cutting-edge research attracting the smartest from all over the world, and decided "This sucks, can we go back to the simpler times where everyone had a factory job and they all looked and spoke like me?"
...And they might just get their wish, from how it looks.
Those factory jobs are, to a first approximation, gone for good. Either they are being done by humans in other countries that not only have a cost of living less than 1/5 of ours, but also have massive supply and logistics chains built up to support them, or they have been automated. Sure, there will be a few much-ballyhooed factories built and staffed, but compared to the period after WWII, which is what most of them are thinking of, it's going to be less than a drop in the bucket.
And, for the vast majority of people, that's an unalloyed good. Factory jobs are hard on the body. Office work may have less of a nationalist mythos built up around it, but it's genuinely better for most people.