I think that is only when you factor in bloodlines.
Afaik Bloodlines was added later - and I think that’s where a lot of the balance issues for Infnatry come from too.
Seemingly at that stage nobody cared about Infantry, everybody just wanted to have these amazing Knights - that were actually way overtuned - but when people figure out something so overtuned and they like it, they want to use it themselves.
And when I’m honest I don’t want Infantry in it’s current state to be competitive with Archers and especially Knights. Why? Cause Infantry is boring. There is nothing you can really make with them to get an advantage. They are slow melee units with no special features.
Imo they need something to use microwise. Therefore I made that thread here