Perhaps, if humans are mostly fungible commodities that respond uniformly to inputs. And RIP if you dare suggest the inverse: subsidizing the reproduction of high achievers.
Any given couple could potentially have several eggs fertilized in the lab with the dad’s sperm and the mom’s eggs. Then you can test multiple embryos and analyze which one’s going to be the smartest. That kid would belong to that couple as if they had it naturally, but it would be the smartest a couple would be able to produce if they had 100 kids. It’s not genetic engineering or adding new genes, it’s the genes that couples already have.
Aside from the nasty eugenics overtones of this concept, it's flawed from the perspective of how warped the reward system of America's brand of capitalism is. All of our forms of measuring merit are deeply distorted. We pour advantages upon those who have already benefited from previous advantage and then congratulate ourselves for our foresight in identifying how deserving they are when they continue to flourish. The result is a lot of mediocrity elevated and "unrecognized" talent squandered. Scare quotes, because the interlocking circles of privilege and protectionism are how our system is designed to work. We are a deeply elitist society mascarading as a humble, objective meritocracy. No one with advantages actually wants fair competition.