MOScout Sunday6: Biden Approval - Healthcare Spending - Labor Supply and more…

1. Biden’s approval rating is at an historic low for a president at this point in his term.

Source: Gallup.

2-3. Over the past year, there’s been a lot less talk of labor shortages. 

Source: Fidelity International via Daily Shot.

Source: Alpine Macro via Daily Shot.

4-5. Health spending.  As expected, older folks spend more on health care.  What astounds me is that half the population is responsible for nearly all of our healthcare spending, and the other half, spends nearly nothing.  Source: Peterson-KFF Health System Tracker.

6. Government is losing money on the pennies and nickels…

Source: Wall Street Journal.