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24 Jun 2013, 11:56 am
., states refuse to accept federal Medicaid funds despite near-zero marginal cost and a reduction in average state cost: while I can’t fully explain that (and I think it won’t last), UDC does help to comprehend is that this is an unexpected outlier—not, as conservative mythology would have it, a reversion to the norm.Jack concludes that UDCis “well and good as a starting point. [read post]