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Americans last focused sustained political attention on the trade deficit in the 1980s. A crisis strikingly similar to today’s—a collapsing industrial base, bipartisan fury in Congress, and a soaring dollar—produced the most consequential episode of international currency coordination in modern history. The Plaza Accord of 1985 and the diplomatic campaign that surrounded it succeeded in rapidly reversing the trade deficit. But the success did not last.
~ Michael Starr via American Affairs

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Despite all of our advantages, the coronavirus pandemic caused more confirmed deaths per capita in the United States than in any other Western country, and our mortality rate’s recovery has lagged behind others’. Life expectancy in the U.S. is lower than in other high-income nations, and the gulf is widening.
~ Vann Newkirk via The Atlantic

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