Tag: American economy
The 10 Best Books of 2023
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With unnerving rapidity, books are on their way to becoming a countercultural medium—one whose insistence on focus and complexity, on the slow building of story and argument, stands against so much else that daily assaults our eyes and ears. At The Atlantic, we hold on tight to books because of the unique space they offer for ideas to roam. When we
Biden Is Looking at an Uncertain Electoral Future
The “return to normalcy” in American life is starting to look something like the horizon: It recedes whenever you approach it. For President Joe Biden and congressional Democrats anxious about the November midterm elections, nothing could be more ominous.
Last summer’s Delta wave dashed hopes that the deployment of COVID vaccines would quickly carry the United States back to a pre-pandemic stasis. The persistence of inflation undermined expectations from the Biden administration and Federal Reserve Board that high prices would
The Simplest Way to Sell More Electric Cars in America
Updated at 5:20 p.m. ET on January 21, 2022
The Rivian R1T, the $75,000 debut pickup from America’s new electric-truck maker, is unlike any vehicle I have ever driven.
It is, first, really big: 18 feet long and six feet tall, it weighs three and a half tons, heavier than a white rhinoceros or a tricked-out Ford F-150. But this girth is belied by everything else about it. The R1T has an aesthetic unity missing from every mass-market automobile on
Jerome Powell: Climate Activists Need Him as Fed Chair
In recent weeks, the climate movement has become caught in the middle of a fight that seemingly has nothing to do with the environment: Should President Joe Biden renominate Jerome Powell to lead the Federal Reserve?
The choice of who should run the country’s central bank has historically not captivated climate advocates—or many Americans, for that matter—yet it has carved the left into two opposing camps, each claiming to fight for a greener economy.
On one side, a group of
What Does Infrastructure Mean? – The Atlantic
On March 31, President Joe Biden unveiled a $2.3 trillion infrastructure plan that he lauded as “a once-in-a-generation investment.” The package recalled the construction of the interstate highway system in the 1950s and the public investments in the space race in the ’60s. However, this program is distinguished from those earlier ones not only by its price tag but in its unprecedented scope. Over the past three months, as Congress has debated Biden’s plan, three key questions have emerged: