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U.S. must invest heavily to stay No. 1 economy: White House economist

U.S. investments in R&D had fallen by a third as a percentage of economic output since 1960, while spending on infrastructure had been halved over the last 50 years, Rouse told an online event hosted by the Washington Center for Equitable Growth and Groundwork Collaborative.

She said the United States ranked “dead last” in spending on its workforce, compared to other advanced economies.


Source: Economy - investing.com

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