Archive for March, 2010
We Californians pay more than any other State in taxes. So, how is the below statistic even possible? There has to be something fundamentally wrong with our education system which gets 50% of the general fund revenues:
California remained at the bottom of the barrel in national test scores for reading, sharing last place with Louisiana, Arizona, New Mexico and Washington, D.C., according to the Nation’s Report Card released Wednesday.
Yes, but those who yell the loudest will probably be cut the least!
We were talking about adverse selection today. This will lead to more:
The study, based on enrollee data from private and public medical care programs, found that the uninsured under age 65 increased from 6.4 million in 2007 to 8.2 million last year, largely because of higher unemployment and cutbacks in employer-underwritten coverage. That’s nearly a quarter of the under-65 population of the state.
“These estimates help us understand the scale of the damage inflicted on California over the last two years,” Shana Alex Lavarreda, a co-author of the study, said in a statement. California has one of the nation’s highest uninsured rates – a factor attributed to its seasonal and diverse economy – and because of its size has more uninsured residents than any other state
The study was released as Congress wrests with President Barack Obama’s effort to expand coverage for the uninsured. California Gov. Arnold Schwarzenegger attempted several years ago to win legislative approval of a similar expansion of health coverage, but his measure died in the state Senate after approval by the Assembly. It was opposed by conservatives who disliked more government expansion and liberals who wanted a single-payer, government-operated program.
The value of exports through the state, $10.3 billion, was an 18.5 percent increase over the previous January and the third month of year-over-year increases. It was nearly identical to the nationwide increase in exports.
.”Even so, we are now just getting back to the level of exporting we were at in early 2007, before the global financial and economic crisis sent international trade spiraling down,” O’Connell said..
O’Connell said he anticipated continued export increases “if only because the economies of most of our major trading partners continue to expand,” but added, “The most worrisome prospect involves the risk of fall-out from the financial turmoil now gripping the European Union and especially those countries in the euro zone.”