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TexasTowelie

(112,252 posts)
Sun Oct 2, 2016, 06:09 PM Oct 2016

Medical care now California’s biggest industry, dwarfing all others

Four of the 17 measures on the Nov. 8 state ballot relate directly to financing Californians’ health care, and collectively they would have tens of billions of dollars in impact.

But in a sense, that’s just peanuts, which takes a little explaining.

Propositions 52, 55, 56 and 61 indirectly symbolize a massive, if often misunderstood, transformation in California’s economy over the last few decades.

When Jerry Brown was serving his first stint in the governorship 40 years ago, California was experiencing the end of one economic epoch – the post-World War II dominance of manufacturing – and the onset of a post-industrial economy rooted in trade, technology, communications and services.

Read more here: http://www.sacbee.com/news/politics-government/politics-columns-blogs/dan-walters/article105172271.html

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