Recession Remedies in the Face of High Inflation
Well-designed fiscal policy should help the hardest-hit and most vulnerable families.
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Well-designed fiscal policy should help the hardest-hit and most vulnerable families.
We can’t return to the low-inflation, low-interest rate world; we can only go forward through the wormhole the pandemic opened.
Fiscal policy that boosts productivity is the best offense against future inflation.
Medicare covers over 20 percent of most healthcare services.
https://www.pgpf.org/chart-archive/0092_medicare_share_costs
Medicaid finances almost one-fifth of healthcare spending in the United States.
https://www.pgpf.org/chart-archive/0095_medicaid_home_health
Over the past 50 years, the share of Medicare spending on hospital expenses has declined the most while the share spent on prescription drugs has increased the most
https://www.pgpf.org/chart-archive/0089_composition_medicare_payments
“This month’s improvement in the index makes it clear that voters want leaders who will improve America’s fiscal and economic future,” said Michael A. Peterson, CEO of the Peterson Foundation.
https://www.pgpf.org/press-release/2022/08/fci-press-release
Prior to 2020, the median real income for families in the United States had been increasing for 5 consecutive years.
https://www.pgpf.org/chart-archive/0213_stagnant_median_income
Blacks and Hispanics have much higher poverty rates than other groups.
Full-time male workers earn more than full-time female workers