A semblance of pre-pandemic life has resumed across the country, but the economic signs are mixed, even after the strong jobs report for May. Supply chains are bottlenecked, unemployment is just under six per cent, and fiscal conservatives warn about inflation. President Biden has stated to Congress, in defense of his stimulus plans and of his six-trillion-dollar budget, that “trickle-down economics has never worked,” and that the best way to strengthen the economy is from the bottom up, not the top down. John Cassidy joins Dorothy Wickenden to discuss the political perils and promise of Bidenomics.
Daily
Our flagship newsletter highlights the best of The New Yorker, including top stories, fiction, humor, and podcasts.
Comment
Joe Biden’s Texas Showdown
In some ways, Greg Abbott, as the governor of a border state, poses a more acute political problem for the President than Donald Trump does.
By Jonathan Blitzer
Q. & A.
Biden’s Increasingly Contradictory Israel Policy
A former State Department official explains the Administration’s sharpening public critique of Israel’s war and simultaneous refusal to “impose a single cost or consequence.”
By Isaac Chotiner
Books
Stephen Breyer to the Supreme Court Majority: You’re Doing It Wrong
In our system of government, the Constitution has the final say. But it doesn’t come with a user manual.
By Louis Menand
The Political Scene Podcast
After the World Central Kitchen Attack, How Far Will Biden Shift on Israel?
“There is a degree to which Biden has looked around and realized,” Evan Osnos says, “that he had to catch up to where the country was.”