Explore popular quotes and sayings by an American journalist Annie Lowrey.
Last updated on November 21, 2024.
Annie M. Lowrey is an American journalist who writes on politics and economic policy for The Atlantic. Previously, Lowrey covered economic policy for the New York Times and prior to that was the Moneybox columnist for Slate. She was also a staff writer for the Washington Independent and served on the editorial staffs of Foreign Policy and The New Yorker. She is a leading proponent of universal basic income.
Millennials are worth less on paper than members of older generations are, and are worth less on paper than members of older generations were at the same point in their lives.
The workforce is getting Uberized. The gig economy is taking over the world. Independent-contractor jobs are the new normal.
The U.S. has fewer, stingier, more complicated, and more conditional safety nets available to people than many other advanced economies - less generous 'automatic stabilizers,' in economic parlance.
The Trump administration, for its part, has pushed for childcare to basically be written off on your taxes, which would subsidize the wealthiest families the most but would act as a significant subsidy to all families.
In general, more affordable housing correlates with lower income inequality.
Plastic straws might be everything terrible about American consumerism, individually wrapped. But paper straws put the lie to the belief that we can consume our way out of the problems created by consumerism.
Recessions are never good for anyone. A sputtering economy means miserable financial, emotional, and physical-health consequences for everyone from infants to retirees.
Cell-based meat, or 'clean' meat - real meat produced in labs - has not become a commercial product yet. But analysts expect it to hit the shelves in 2021 or soon thereafter, and start-ups in this space, such as Memphis Meats, have raised tens of millions of dollars.
The United States needs a much more progressive tax-and-transfer infrastructure, given how dramatically inequality has increased. But not every single policy needs to be ideally progressive to achieve that goal.
The student-loan crisis has an underappreciated emotional valence too: The debt makes people miserable. In one survey, more than half of borrowers said that they have experienced depression because of their debt. Nine in 10 reported experiencing anxiety.
The things to watch are whether the country's borrowing costs are rising, whether its budgetary allotment for payments on the debt is increasing, and whether it is spending on good priorities. Those big, scary debt numbers are not as big and scary as they used to be.
For animals, for humans, for the planet: It makes sense to curb meat consumption, and that is something vegans and omnivores agree on. Roughly two-thirds of Americans report reducing their meat consumption, and many are sensitive to the way their diet might be damaging the planet.
Numerous studies have shown income inequality growing since the late 1970s. Real earnings have fallen for many families, with globalization, the decline of unions and technological innovations eroding workers' wages.
Climate change is killing Americans. Wildfires, heat waves, mudslides, hurricanes, and floods lead to hundreds if not thousands of deaths every year. But those are only the direct fatalities.
The pandemic has proved true over and over again what was already well known: that income and wealth are protective when it comes to health.
Cows and other livestock account for roughly one-sixth of all greenhouse-gas emissions, and as a general point, eating meat means taxing the Earth.
Moderately priced homes might draw working families in a metro area. And having rising incomes at the top might price lower-income families out.
The Paycheck Protection Program created in the CARES Act did help many small businesses keep employees on their books in the early days of the pandemic. But many small firms are ailing now; the hospitality industry has been decimated; and state and local governments are shedding workers.
Talking with economists, climate scientists, and psychologists convinced me that depersonalizing climate change, such that the only answers are systemic, is a mistake of its own. It misses how social change is built on a foundation of individual practice.
The United States is an outlier in the size and scope of its loan infrastructure; in many peer countries, higher education is seen as a public good and a college degree is low-cost or free.
The Millennials graduated into the worst jobs market in 80 years. That did not just mean a few years of high unemployment, or a couple years living in their parents' basements. It meant a full decade of lost wages.
In functioning high-income countries, the government guarantees the provision of essential goods and services: medical care, transit between cities, supplies for public schools, financial support to weather a period of unemployment.
At a personal level, there's ample evidence that being aware of your emotions and generous to yourself improves your physical and mental health, as well as your relationships with others.
When economists talk about income, they talk about the money a household or a person earns in a given year. That's the salary you earned, the rent from a tenant above your garage and the bit of money you made by selling some stocks.
An explosion of meat-replacement products has followed the path set by almond milk in the past few years, not just tempeh- or seitan- or soy-based products that taste nothing like meat, but meat simulacra.
Even very low-income communities are seeing rising rates of obesity, diabetes, cancer, and heart disease as a result. But many countries lack the tax revenue and medical infrastructure to treat such conditions, leading to a burgeoning global-health crisis.
Kids of the 1980s and 1990s have had a new, huge, financially catastrophic demand on their meager post-recession earnings, too: a trillion dollars of educational debt. About a quarter of Gen Xers who went to college took out loans to do so, compared with half of Millennials.
Making a paper straw requires growing a tree, cutting it down, and pulping and pressing it into a tube. Manufacturers then use fossil fuels to ship the straws to stores and cafes. Many paper straws on the market are not even compostable or recyclable, as promised.
Where Democrats have a real toehold to criticize Republicans is that families still feel very financially fragile. About 2 in 5 adults would struggle to come up with $400 in an emergency.
Recycling, cutting back on driving, and changing out old light bulbs for energy-efficient ones might save half a ton of carbon a year. A household going car-free, flight-free, and vegan - changes impractical, if not outright impossible, for many families to make - might reduce emissions by four tons a year.
Maybe kindness is not a distraction from or orthogonal to change. Maybe it is a pathway to it.
A thin safety net, an expansive security state: This is the American way. At all levels of government, the country spends roughly double on police, prisons, and courts what it spends on food stamps, welfare, and income supplements.
As smoking has disappeared from television screens, planes, bars and restaurants, and other public spaces, the smoking rate has dropped to a third of its peak of 45 percent in the mid-1950s.
The world is falling apart and nobody is there for you, 2020 has shown it over and over again. But American capitalism is.
But for labor groups, there is no debate: Nafta hurt American jobs and household earnings.
After moving to California, I went on a no-buy streak. I began refusing short plane trips, using public transit or walking whenever possible, and turning the air-conditioning down. I even started carrying around a water bottle or a mason jar.
Ending child poverty, stopping the opioid crisis, improving child nutrition, providing a high-quality public education to students, ending the racial wealth gap: These kinds of policies would boost the economy, too.
Deficits are anathema to most Republicans. And Democrats widely believe that government spending should fall as the economy recovers.
Social networks, professional networks, offices, and schools help keep high earners in place.
Income is now more concentrated in the hands of the rich. Those well-off households tend to save and invest higher proportions of their earnings than middle-class or low-income families do.
The bunker business is just one instantiation, the grandest instantiation, of what you might think of as conspiracy capitalism.
The world needs to slash emissions by tens of billions of tons annually, which categorically requires government investment and government regulations.
Conspiracy theories themselves are big business, of course, selling books, videos, conferences, and all kinds of merch. Then there is the economy that promotes conspiracy theories to sell goods such as supplements, survival gear, and yes, bunkers.
Many women are the lower-earning partner in a married couple, thanks in part to forces that relegate women to less remunerative professions and pay them less for the same work.
The gig economy isn't taking over, but it has become a useful emblem of what it is like to work for a living in late-stage capitalism.
Perhaps the country's most pressing problem is its high uninsured rate. Every other country as wealthy as the United States has figured out how to cover its entire population, generally at a much lower cost, too.
The Trump administration, to its credit, has initiatives on housing. It has initiatives on child care. It does not have true initiatives in terms of making health care more affordable and covering the remaining millions of Americans who do not have insurance coverage.
The United States came into the coronavirus recession with a few structural advantages, including a highly diversified economy.
In the long run, lawmakers should keep in mind that tax rates are far from the only reason a rich person might consider flight: Decaying infrastructure and degrading public services are surely just as important.
Members of Congress - with or without inside information - simply should not be allowed to trade stocks.
Both the federal government and the states should go ahead and soak the rich to reduce inequality and raise money for health care, child care, infrastructure investment, education, decarbonization, and a thousand other priorities.
Your wealth is the value of your assets - your retirement accounts, your home, the unsold stocks - minus your debts, like your credit-card bill and your mortgage.
So overall in the entire economy, the issue is not that health care costs are growing dramatically. The issue is that the burden placed on families is. So just between 2010 and 2016, the cost burden of family private insurance premiums jumped 28%, whereas incomes rose less than 20%.
Fires in California and Oregon are incinerating homes, businesses, schools, power lines, and roads. Hurricanes in the Gulf Coast are swamping mobile homes and carrying away cars and livestock. The United States faces the potential task of relocating towns and cities and fortifying others, trapped in an endless cycle of destruction and rebuilding.
No country save for India is expected to bear a heavier financial burden from climate change than the United States.
Student loans are delaying retirements. They're suppressing the housing market. They're suffocating new business formation. They're even leading young people to delay getting married and having children.
Domestic dogs thrive in the backyard and at the foot of the bed. Wolves thrive on the hunt in the country's wildlands.
A warming planet is destroying the country's physical infrastructure: In 2019 alone, the United States experienced more than a dozen billion-dollar weather events, and 2020 might be worse.
The government is more responsive to wealthy communities than poor communities, and to wealthy people than poor people.
Local tax increases can cause high-net-worth individuals to move, tax experts said; tax avoidance and tax arbitrage are multitrillion-dollar affairs, and rich people are sensitive to tax rates. But many of the people who move when their home state raises taxes are close to retirement anyway.