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Most states were actually doing great as of 2000, and have been cutting relative to their cost inflation for the last decade or so. 10-15% healthcare cost infl
by jbooth 15y ago
Most states were actually doing great as of 2000, and have been cutting relative to their cost inflation for the last decade or so.
10-15% healthcare cost inflation has been spending states into debt.
- InclinedPlane 15y agoConnecticut has increased its state spending by about 50-60% over the 2000-2010 period while its economy grew by only 15% in that time.
- jbooth 15y agoAnd what % of that is healthcare costs? Check it out. I don't know conneticut that well but if you employ a lot of people, and they have healthcare, then it was a huge cost to roll them over these past 11 years.