Macro to Restart Keyboard Maestro if it Crashes

Do you mean the Keyboard Maestro.app, or the Keyboard Maestro Engine?

Of course, if the KME crashes, then NO macros can be triggered/run.

If the Keyboard Maestro.app crashes, you can simply relaunch it, like any app.

However, I have to say that I can't remember the Keyboard Maestro.app ever crashing, and I have it running all day long every day. If it is crashing a lot on you, then you need to resolve that problem.

@peternlewis may have some other suggestions, but I'd start with making sure that KM is sending diagnostics back to the developer. See Preferences > General:

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Curiously enough, after searching this Forum, I found ONE occasion where the KME crashed on me: KM Engine Crash Report

This was in 2017 and only happened once to me, but you might read that thread to see if there is any info that will help you.