November 22nd, 2021
The United States is emerging from the pandemic facing its biggest inflationary spike in three decades...
The numbers have been creeping up for
months, but November’s 6% number seems to
have made policymakers consider the inflationary
pressures may be more than “transitory” (the
Federal Reserve’s oft-repeated terminology).
This week, we provide some background on the
economy and its impact on President Biden’s
agenda. We rely on a number of charts to tell the
story of where the US economy is and its eventual
impact on healthcare providers.
The most immediate implication of the
latest inflation news: President Biden and
Congressional Democrats will have a much
tougher time getting a big new spending bill
passed and signed into law.