Friday, June 2, 2017
California and Single Payer Health Care
California looks close to passing a single payer health plan. The plan would provide free health care and medicine to all residents and illegal immigrants. The estimated cost (estimated by Democrats) is $400 billion a year - twice the State's budget.
Obviously, there is no way to implement such a plan on a state level. Unlike the Federal government, California cannot print new money. So the money has to come from somewhere. As California is already heavily taxed, any new taxes will simply drive more productive people and businesses out of the state. And the "free" health care will act as a magnet for the loser of the world.