The U.S. Economy Is a Fuel Tanker

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Economists reckon that of the 8% inflation America now has, about 3 percentage points is because of fiscal policy. That includes the first COVID relief package signed by Donald Trump. The amount of job growth over the last 18 months has been absolutely tremendous. But it's also easy to overlook the success of other parts of the economy.

In the next instalment of our American midterms series we visit Rhode Island to see how inflation—at its highest since the early Reagan era—is affecting people’s lives, and their voting intentions. Denmark’s refugee policies are surprisingly hostile, and surprisingly popular. And our correspondent assesses the latest album and the legacy of Keith Jarrett, one of the world’s greatest living pianists. For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/intelligenceoffer