CMS Proposal: Telehealth to Continue Unfettered Thru 2024. (InsideHealthPolicy)
Social Security is already very progressive: An individual in the bottom fifth of lifetime earners receives a benefit equal to about 80% of their inflation-adjusted pre-retirement earnings. A middle quintile earner receives about 50%, while the top fifth receives 32%.
Words of wisdom from Scott Sumner: The Fed doesn’t battle inflation, it creates inflation… The inflation we’ve experienced over the past few years is almost entirely created by a highly expansionary monetary policy, which drove up nominal GDP.