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influence a high priority. Unlike the Cold Conflict, the warfare on terror did not pressure the United States to face off in opposition to a peer economic competitor, so Washington didn’t have a overseas policy imperative to improve the nation’s home financial capabilities. The United States helped China alongside by getting into a multidecade period of inertia.
15 In distinction, the United States spent just 2.6 percent of its GDP on public infrastructure throughout that very same time frame. Smart policy investments in these sectors—the pillars of