Tuesday, March 6, 2012

The dole

Fact of the day: 80% of the children born in New Orleans are funded by Medicaid. In fact, 24% of the population is covered by Medicaid, at an annual cost of $4.4 billion.

4 comments:

  1. Do you mean billion? The whole economy is only around $14T.

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  2. Yes. Fixed it. Thanks. Sometimes big numbers are hard to wrap your head around.

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  3. $14 billion here, $14 billion there, pretty soon you're talking real money.

    This won't be the case for long. At this rate of spending, the economy is going to collapse soon enough.

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  4. It's New Orleans. Were you expecting something different? Most of Lousiana is on Gov't aid.

    ReplyDelete

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