It depends on the context. Fracking is viable only under a number of factors, from the economy roaring to countries like Russia and Saudi Arabia not dumping oil to win market share, to electric not taking over markets like cars. But then electric opens up opportunities to make up for it.
The cheap goods situation on the other hand is unavoidable no matter who is in power. When Trump pushed tariffs on China, some factories moved to Vietnam. There's simply a giant list of countries with a standard of living much, much tier than America. Realistically, that manufacturing is not ever coming back unless our standard of living plummets, and I frankly rather live with cheap goods if I get to choose.