Inflation

As a way to tackle drug prices, President Joe Biden recently announced that he supports the so-called “inflation rebate,” which would require drug companies to give the federal government any revenue from Medicare drug prices above the general rate of inflation. Senate Finance Committee Chairman Ron Wyden and House Speaker Nancy Pelosi have also publicly endorsed the inflation rebate.

Over the last 5 years, the Massachusetts State Lottery and the media have made a tradition out of announcing the Lottery’s “record-breaking” sales. Here are articles – from 2016, 2015, 2014, 2013, and 2012 – that display this trend. But is this...