- The VA typically pays $1,100 a month or higher for sleep apnea — a larger sum than most veterans receive for a leg amputated below the knee. (WaPo)
- Black immigrants earn about as much as native-born Black Americans. But 2nd-generation Black Americans earn about as much as White Americans.
- Social Security: “Lower-wage workers receive 90% return on their first earnings tranche, while higher earners receive only 15% on their top earnings.
- For every man older than 110, there are nine women. (Bloomberg)
- Which is better for health: walking or running? (NYT)
Category: Cost of Healthcare
Friday Links
- Mamdani’s New York: “residents of New York City already face a combined state, local, and federal top marginal income tax rate of 51.776 percent. New York has the highest per-pupil school spending in America, and the transit authority has the highest operating costs for buses and nearly the highest for subways in the country.”
- The number of veterans receiving a 100 percent disability rating has surged in recent years. (WaPo)
- Nordhaus: Global Warming is not going to be as bad as we thought.
- Incentives matter for the discovery of new drugs.
- How AI affects the discovery of new drugs.
- Why do so many Americans lack vision care insurance?
Why Generic Drugmakers Do Not Want to Manufacture in America
President Trump wants to bring back drug manufacturing to the United States. Yet, he is unlikely to do so to any significant degree. About 90% of the drugs Americans take are generic drugs. Generic drugs are those that have lost patent protection. The profit margins on generic drugs are slim, and competition is often fierce.