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128 comments on DrumBeat: June 25, 2009

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Darwinian on June 25, 2009 - 9:26am Permalink | Subthread | Parent | Comments top

Well, I don't know about that.

Hey New York your next after California

The top honor goes to California, which is projecting that it will fall about $25 billion short come fiscal 2010. Taking second place is New York with a projected $17.6 billion deficit for fiscal 2010, according to the National Conference of State Legislatures, a bipartisan policy research organization in Washington, D.C.

However on a per capita basis a lot of other states could be a lot worse.

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Leanan on June 25, 2009 - 9:30am Permalink | Subthread | Parent | Comments top

New York is not in good shape. They haven't suffered the housing collapse other states have, but they are so dependent on Wall St. that they're definitely hurting.

I just don't think they'll be next, simply because they won't really have to deal with the problem until next year. Most states have fiscal years that end June 30. New York is one of four states that don't.

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nelsone on June 25, 2009 - 11:17am Permalink | Subthread | Parent | Comments top

I received this today from a health-care professional friend in the SF Bay Area:

The system is falling apart already at SFGH. [San Francisco General Hospital] Elevators not working, computers slow, all of the medical assistants laid off (so we do the work they used to do) - 8% pay cut coming soon and likely another 10-12 % to follow soon after. It seems we are seeing the effect of the economic and social stress on the pregnant women, nobody is normal any more, everyone gets severe preeclampsia or preterm labor at 29 week or horribly protracted labors. Yesterday I took care of three women with preeclampsia and slow labors all day, all three ended up with cesareans.

Just a reminder that the $24 billion shortfall in CA is a lousy metric of the scope of the true problems there.

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blondieBC on June 25, 2009 - 11:38am Permalink | Subthread | Parent | Comments top

Any idea how much nurses in CA make?

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Wharf Rat on June 25, 2009 - 11:46am Permalink | Subthread | Parent | Comments top

I was making $33 + shift differentials as a respiratory therapist when I retired in Oct. Nurses salaries are higher.

Salaries for new RNs in California range between $83,000 and $89,000 per year
The average hourly wage in California is about $40-46/hr for staff nurses
More experience and more education means more money.
http://www.choosenursing.com/for_you/salary.html

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nelsone on June 25, 2009 - 8:01pm Permalink | Subthread | Parent | Comments top

Yes, Wharf Rat:
toward the high end of your RN range.

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ericy on June 25, 2009 - 4:33pm Permalink | Subthread | Parent | Comments top

And all of this is going to lead to more foreclosures, more bankruptcies, and more deflation in housing prices...

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128 comments on DrumBeat: June 25, 2009

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