Posted on 06/12/2024 7:42:17 AM PDT by artichokegrower
California Gov. Gavin Newsom last year agreed to a tax increase that aimed to do two things: Help balance a budget with a multibillion-dollar shortfall, and pay doctors more money to treat patients covered by Medicaid — the taxpayer-funded health insurance program for people with low incomes that now covers one out of every three people in the state.
A year later, California is relying on this tax more than ever. Newsom raised it again in March to help cover another multibillion-dollar shortfall this year. And he's proposing to raise it a third time to generate even more money as the deficit has continued to grow.
(Excerpt) Read more at kcra.com ...
No question. The state rips off health providers paying them pennies on the dollar which is then passed on to private health insurance patients. So yeah, always so compassionate and generous with other people’s money.
But let’s talk about the California medical professions. You know, the ones who cast their lot with the vax Nazis. Did they support Newsom. Do they? Do they support Democrats? If so, they can kick rocks.
Funny you talk about education because I was just looking at some graphs on different expenditures.
Education appears to be the most inflationary sector in our society.
Then I looked at nursing homes. They had an 8.5% inflation rate back in the 2010s. No telling what it is now.
This is obviously going to end badly as we are already bankrupt and nobody seems to acknowledge that fact.
“”The taxpayers are leaving. They’re running away.””
We sure the hell did.
Just the thought of paying more and more to those communist leftist in California made us sick.
“This is obviously going to end badly as we are already bankrupt and nobody seems to acknowledge that fact.”
It is the federal govdernment debt that is the big problem, more than debt across the nation overall. And there are some things that could be done to actually reduce the federal debt, and they would be huge changes, but most likely our political class most of all lacks the will to agree to them.
1. We can eliminate some whole federal departments, taking those savings for several years to help pay down the debt, with them annually budgeted as such.
2. We can sell - to U.S. citizens and U.S. companies only - millions of acres of federal lands, much of it containing fossil fuel and mineral depostits as well as arable land private owners could farm as well as land that could welcomly be developed by private owners and investors. We can take 100% of the proceeds to help pay down the debt, using it for nothing else.
3. We can reduce the budgets of all necessary federal departments, other than defense, by an across the board 10%, using all of that for several years for paying down the federal debt, and budgeted so.
4. 1 and 3 could be modified once the federal debt reached a specific ratio with the GDP, but kept in place as part of the federal budget until then.
In addition to covering provider encounters, Medicaid pays for an ambulance no matter how minor the complaint, thereby clogging up your local ED. That has to add up.
I left a blue state for a red state because the blue state. I don’t vote for blue state crap in my red state but my red sate will turn blue. No way around it
I’d have to live to 180 years old for it to get as bad as it was when I was in california.😃
As to my comment: “No. The problem is the government itself. Left 100% to market forces, the availability of care would go up and the cost would go down. Instead the industry is just competing for more government dollars.”
Laser eye surgery. When it began there were calls that health care insurers and medicare cover it. That was resisted. It is still usually not covered by insurance. Having to compete for out-of-pocket paying customers instead of insurance companies and the government, given the inflation rates over the years, laser eye surgery has become more affordable than 20 years ago.
Yup. Straight up Cloward-Piven.
Break it until they call you in to fix it.
These are things the President of Argentina is doing now.
Argentina was once the third wealthiest country in the world. Then “big government” kicked in, whether it was fascist or communist, and the whole thing fell apart.
https://en.wikipedia.org/wiki/Javier_Milei
“ It is the federal govdernment debt that is the big problem, more than debt across the nation overall.”
Wrong.
It is the use of unsecured debt as money that has created a crisis. It is perfectly apparent that most outstanding debt (Federal, State, credit card, auto loan, student loan, mortgage, HELOC, I’m sure I missed some) - that debt in the aggregate will never be repaid.
What has not been apparent until recently is that the attributed revenue stream of bad debt would be used to create new money, and that the creators of this new money would shrink in number as they would grow as possessors of paper wealth that then could be exchanged for tangible things like land.
This has happened many times before in history, and it always ends badly. Depending on how things go, the usurers may very well need their private submarines and bunkers on the South Island before it’s all over.
Each individual must be careful not to rely on future debt forgiveness - although it is a certainty, when, where, and how are unpredictable. Don’t lose your car to the repo man waiting for the Jubilee.
But the system is unsound any is nearing its inevitable end. If your security relies on revenue streams from debtors, remember that usury was a crime until recently in the US and has always been a sin for Christians and Muslims.
One of three on Medicaid -— i think i see the problem...
IMO-—ALL OF THIS IS DIRECTLY ATTRIBUTABLE TO OBAMA.
HE IS KILLING THE USA.
STOP THE FREE MEDICAL CARE
SEND THEM BACK TO COUNTRY OF ORIGIN.
No sale
Wrong. Government has vastly outborrowed compared to the private sector, with total government debt in the U.S. now about 60% of all U.S. public and private debt.
I said in my post that Federal and State debt would never be repaid and will have to be repudiated along with private debt.
Why do you disagree?
“I said in my post that Federal and State debt would never be repaid and will have to be repudiated along with private debt.” “Why do you disagree?”
Bcause I do disagree. “Never” is a very long time.
The article seems to be lumping Medicare and Medicaid together.
You obviously have no clue.
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