However, more therapists are refusing to accept private insurance. (WSJ)
Kaiser: Most Medicare beneficiaries will soon get their coverage through Medicare Advantage.
A liberal critiques Biden: He needs advisers who think like economists. A good read if you are an Yglesias subscriber.
Yglesias may be an economist, but he thinks like only half an economist. When he says that economic reasoning has a reduced role in the Biden administration, he is ludicrously understating the case. The Biden administration’s agenda is completely driven by politics, and economics plays virtually no role at all. And the results speak for themselves: persistent high inflation, slow or negative growth, declining productivity, growing unemployment (captured in the lower labor force participation rate, not the unemployment rate – a flawed statistic), and “supply chain” problems, many of which are caused by labor shortages enabled by government handouts or by misguided industrial policy – e.g., the push toward electric autos.