California Budget Cuts to Cost the State More than 42,000 jobs
source: http://www.californiaprogressreport.com/site/?q=node/7759
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- JonRaymond
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Health Access California released a report earlier in the year entitled, “Cuts to Health Care are Bad for the Economy,” which shows that such sweeping health care cuts in California would cost the state more than 42,000 jobs, at the very minimum. The report is based on research by the University of California at Berkeley, which calculated that cuts (or investments) to health care services has the biggest "jobs-per-billion" impact than other budget solution, significantly more than tax increases on the high-income earners or an oil severance tax. That research is on the web at:
http://laborcenter.berkeley.edu/californiabudget/budget_solutions_jobs10.pdf
There is no place in the budget where you get more bang for your buck than investing in health and human services, both because of federal matching funds, and because benefits to low- and moderate-income families get recycled into the economy quickly. You can't outsource health care. Nothing has a worse economic impact than cutting health and human services, which leads to lost federal funds and ripple effects in our health system and economy.
http://laborcenter.berkeley.edu/californiabudget/budget_solutions_jobs10.pdf
There is no place in the budget where you get more bang for your buck than investing in health and human services, both because of federal matching funds, and because benefits to low- and moderate-income families get recycled into the economy quickly. You can't outsource health care. Nothing has a worse economic impact than cutting health and human services, which leads to lost federal funds and ripple effects in our health system and economy.
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- groups:
- Community, Economy, The New Great Depression
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- tags:
- Health Care, Healthcare, budget cuts, Schwarzenegger, 3 more
