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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Sun Tzu who wrote (9165)4/15/2020 10:41:59 PM
From: Kirk ©1 Recommendation

Recommended By
rdkflorida2

  Read Replies (1) | Respond to of 26535
 
I'm sorry for your loss.

Message 32677552

Message 32679087

Maybe your words will help others open their eyes when it becomes personal to someone they know here...



To: Sun Tzu who wrote (9165)4/15/2020 10:43:24 PM
From: Kirk ©2 Recommendations

Recommended By
berniel
KevinKT

  Respond to of 26535
 
Yup:
And the idiots just fiddled and engaged in petty bickering instead of preparing...and in case you are wondering who they are, they include Cuomo and Blasio for refusing to shutdown Manhattan and allocate land and resources for hospitals...it includes Trump and his entire cabinet...it includes Almost all the governors...
I posted this story before but our GOP governator had CA much better prepared in the past but the Democrats took over, shut much of it down and used the money to fund pensions and all sorts of stuff for illegal aliens...

State, Jerry Brown failed to prepare for pandemic
In 2006, Schwarzenegger created the Emergency Medical Services Authority and invested tens of millions of dollars to stockpile supplies and equipment, including three mobile hospitals.

In light of the pandemic flu risk, it is absolutely a critical investment,” Schwarzenegger said at the time. “I’m not willing to gamble with the people’s safety.”

“Each hospital would be the size of a football field, with a surgery ward, intensive care unit and X-ray equipment,” a weekend article by the Center for Investigative Reporting and the Los Angeles Times said. “Medical response teams would also have access to a massive stockpile of emergency supplies: 50 million N95 respirators, 2,400 portable ventilators and kits to set up 21,000 additional patient beds wherever they were needed.”

However, five years later, Brown, having inherited huge budget deficits from Schwarzenegger that were accumulated during the Great Recession, cut off funding for the program. Most of the equipment was donated to local hospitals and other medical agencies without money to maintain it and much of it was allowed to expire.

“There was a time there that Arnold Schwarzenegger had a bold vision and a responsible one,” Jack Lewin, former CEO of the California Medical Association, told the Sacramento Bee, which broke the story about the rise and fall of Schwarzenegger’s prescient act. “But I think that got diluted over the course of time. People get complacent, and money goes elsewhere.”

The shrinkage of pandemic preparations was part of a larger reduction in public health services during Brown’s governorship, even as the state’s economy roared back from recession and state revenues increased dramatically.

Over the last decade, state public health spending has been flat in dollar terms, but its share of the budget is now half of what it once was.

David Crane, a financial adviser to Schwarzenegger who now heads Govern for California, contends in a recent analysis that vital programs such as public health have been neglected while spending on Medi-Cal (free health care to the poor and most illegal aliens), pensions and the Department of Corrections and Rehabilitation (prisons) has soared much faster than revenue growth. Crane calls that “crowd-out” and contends that a pandemic-caused recession, which now seems inevitable, will create even greater disparities.