- Slower growth and inflation undermine Social Security’s financial health. Is Bidenomics to blame?
- Biden’s reversal of Trump energy policies are costing us $100 billion a year in lost output.
- Cato: End the kidney shortage with a real market. The market clearing price is estimated to be $80,000.
- Overdose prevention centers: the next logical step in harm reduction.
- Ezra Klein on California: “If progressivism cannot work here, why should the country believe it can work anywhere else?”
It Is Legal to Layoff Workers on Medical, Maternity and Family Leave
By now everyone should know there are both state and federal laws banning discrimination against certain classes of employees. For example, a tech firm was recently accused of posting a job notice seeking white candidates only. After an embarrassing backlash the posting was taken down. The firm later apologized and said the job was posted by a junior recruiter. The apology was later edited to say it was posted by an ex-recruiter. I don’t know whether the recruiter was an ex-recruiter before or after the discriminatory post. It could be either.
Thursday Links
- Families making as much as $600,000 can get an Obamacare subsidy. The entire W&M hearing with Sec. Becerra is either very funny or very sad, depending on how the spirit moves you.
- The federal government spent a total of $4.1 trillion on transfer payments to individuals in FY 2022. By comparison, the government spent $2.8 trillion on these programs in 2019.
- Cowen: Would an AI Pause in the US open the door to other countries? What if it stifles the cure for cancer?
- GFPT-4 fails the sophomore econ exam.
Little Effort Goes into Estate Recovery for Medicaid Long Term Care
A few years ago I was visiting a friend and noticed the house beside him looked different. It had been vacant but was now occupied. I asked if he had a new neighbor? He told me his neighbor, an elderly man, had gone into a nursing home and passed away after a lengthy stay. The man’s son inherited his father’s house and moved in. About that same time another friend mentioned his grandfather’s health had declined to the point where he had to be moved into a nursing home until his death.
In both instances the families were not well off. Probably the only major asset each had was their home. In both cases the homes passed to heirs upon the death of their owners, who died in nursing homes paid for by taxpayers.