at times, one can belive that America has "[cracked] the code of twenty-first century economic success: revitalized industrial policy focused on tech and renewable energy, tight labor markets, and monetary policy that keeps a firm hand of the reins of an economic expansion without panicking and driving interest rates high enough to stop that expansion in its tracks" (Beck 482)
However, "the central issues that have driven America's economic decline since the 1970s remain unresolved. Manufacturing overcapacity [and] price inflation, [specifically around] home prices and rents" (482-3)
"In short, even if some combination of green industrial policy, a slightly higher baseline level of inflation, and hard-nosed economic diplomacy makes it possible for the United States to maintain or even enlarge its own slice of the global economic pie, it will do nothing to change the fact that for the rest of the world, the pie is either shrinking or not growing fast enough. That leaves the United States back in the early 2000s, increasingly relying on the military to manage crises and prop up autocrats around the world." (483)