Problem
After reading the NPR (National Public Radio): Planet Money article Beware of 'Shrinkflation.' Inflation's Devious Cousin
Question I: Carry out some online research to find examples of 'Shrinkflation' which are showing up in goods sold to U.S. consumers. Are any of these products ones which you purchase? Explain.
Read the CNN article Here's how the US health care system makes it harder to stop coronavirus, which lists a series of policies in the U.S.which the author feels contribute to making it harder to stop the coronavirsus (including lack of insurance, high health care costs, lack of paid leave), and the Campaign for Sustainable Rx Pricing article on the America's Health Insurance Plans (AHIP) report: New Sudy Finds Big Pharma Spent More on Sales and Marketing Than R & D During the Pandemic.
Question II: What may be the bases for the United States' (one of the wealthiest countries in the world) long term lag in providing health care to all, and how do you expect the effects of this pandemic, to precipitate change? (Include the changes in Rx costs which are occuring as a result of the new Inflation Reduction Act.