- 63% of Americans want to increase trade with other nations.
- Should we have a generous child tax credit paid for by higher corporate income taxes? AAF finds that even in the best-case scenario, labor supply would fall by 0.4 percent, after-tax wages by 0.3 percent, consumption by 0.1 percent, investment by 1.2 percent, and GDP by 0.4 percent.
- A favorite story on the enviro left is that Rapa Nui (Easter Island) experienced population collapse because of ecocide. [And therefore, is a harbinger of everything that is happening today.] Turns out the story is wrong. And this isn’t usual. James Pethokoukis says almost all “degrowth” scholarship is shoddy.
- Europeans are less than 3/4 as rich as Americans. And contrary to popular belief, only a small amount of the gap can be accounted for by the fact that Americans work more.
Category: Drug Prices & Regulations
Tuesday Links
- About eight million US families are headed by single mothers, and of those nearly three million live below the poverty line defined by the government. 45% receive Food Stamps.
- President Biden, who promised “I will never cut Medicare,” has agreed to extend his planned cuts in Medicare Advantage spending over three years instead of all at once.
- Roughly a third of eighth graders are not proficient in reading or math and that number has been rising over the last decade.
Obamacare’s Narrow Networks
The people most negatively affected are those who have the greatest medical needs. More than one in three exchange enrollees in fair or poor health reported that a particular doctor or hospital they needed was not covered by their plan, a rate that is more than twice as high as it is for those with an employer plan.