Middle-Class Dynamics for U.S. Foreign Policy?
The focus on foreign (economic) policy for the middle class remains a key organizing principle for the Biden administration, but so far it has seemed more powerful rhetorically than in implementation. In part this reflects the fact that a key element of foreign policy for the middle class involves making changes at home via redistribution and investment that would reduce vulnerabilities of Americans. The Biden Administration, for example, has focused not only on using restrictive geoeconomics tools like sanctions, export controls, and investment screening but has...