Archive: Alicia H. Munnell
High prices persist – making life less affordable – and further increases are on the horizon This year’s elections confirmed the hollowness of arguing that low inflation means that Americans are doing fine. Consumers don’t care about inflation; they care about high prices, and they see high prices when they go to the grocery store,…
New book argues that balance requires the wealthiest top 1 percent to start paying taxes again Some observers point to the sorry condition of our federal finances as a rationale for cutting Social Security and Medicare – not to mention programs for the most vulnerable, such as Medicaid and SNAP. Indeed, federal spending in 2025…
