Quoted post unavailable.
Who cares what Oracle is doing? It's not like they've innovated in the last decade.
You do realize that XFS, ZFS, and (to some extent) btrfs are in their hands?
Governor Newsom announces California will make its own insulin
171–180 of 232 posts
Re: Governor Newsom announces California will make its own insulin
#172[flagged]
That is a far stretch when a few items are produced by the state to call the society/state a communistic construct. Especially when California hosts so many very capitalistic companies.
They intervened in a disfunctional market and take care of their citizens. That is what a state has to do for their citizens.
Re: Governor Newsom announces California will make its own insulin
#173Quoted post unavailable.
"Eschew flamebait. Avoid unrelated controversies and generic tangents."
https://news.ycombinator.com/newsguidelines.html
We detached this subthread from https://news.ycombinator.com/item?id=32022431.
Re: Governor Newsom announces California will make its own insulin
#174Earlier quoted context omitted.
I can’t relate at all to that sentiment. California has got to be one of the most bloated and wasteful state governments in the entire US. High taxes and nothing to show for it. The entrenched far left seems bent on destroying the middle class, driving out business, regulating everything to death and displacing merit as a selection factor. Whatever glory Cali has— tech, entertainment, farming, weather, natural beauty…
While I respect where you are coming from, the data doesn't match your perceptions. California's governance is exceptional despite the corruption. Here's some data, - One of the best ways to match models to reality is to see if they have predictive power, for some time now people have predicted that California is doomed, see, “California doom: Staggering $54 billion deficit looms,” https://apnews.com/article/48a9ce5a…
Swinging from a 54B deficit to a 75B surplus then holding that surplus
during a period of record inflation is the absolute definition of
inefficient and wasteful.
A single doctor at a single hospital developed this theory and then tested it. There is a foundation which is partly funded by the state, but they just promulgate the ideas... it's up to the hospitals to do the mortality review and apply what they've learned there. There's really no fingerprint of recent government efficiency to be found here.
What connection is there between government efficiency and life span of citizens? This is a minefield of variables.
Aren't minimum wages significantly different between California and Texas? Wasn't this phased in around that time? How much of this increase is due to this?
We can contrast California to states like Idaho, which spend 2/3 of what California spends per student and yet gets far better outcomes than California does. California has the lowest rate of education attainment out of any state in the country.
The infrastructure is crumbling. New projects are consumed by consultant driven graft. Sacramento is generally paralyzed by special interests. The complete lack of action on homelessness is tragic for the absolute volume of human life just discarded on the side of the road. Gas prices are absolutely ridiculous and the state is hoarding tax dollars during grotesque inflation.
8 years ago.. I would have agreed, California may have been a little shabby, but it was still on a great track. Today I have far less faith in the state, particularly considering the Governor appears to be desirous of a presidential campaign and the state is about to be used as a prop in his endeavors.
Re: Governor Newsom announces California will make its own insulin
#175Earlier quoted context omitted.
> … and show that they're not warping the market Arguably the whole point of this is to warp the market by picking the winner and giving them all the business in the state. Though, chances are this will just turn into a taxpayer subsidized boondoggle like every other time the politicians pick the winner.
"Picking the winner" would imply the state forcing market participants to buy the state's insulin. As long as they're not forcing people to buy their insulin then what they're doing is more akin to setting a price floor (assuming they are selling at cost rather than subsidizing a loss). But hey if it's going to be a boondoggle then the private sector should have nothing to fear from competition here, right?
Actually what they are doing is pure capitalism.
There is a product that can be made for $1 that is being sold for $100. They are going to make it and sell it for $2 and you can chose to buy it from their "startup" calinsulin inc for $2 or pay megacorp inc $100 for their one.
Shockingly megacrop inc. are crying that it is socialism to make only $1 and that noble capitalists like them are doing it right and making $99.
Re: Governor Newsom announces California will make its own insulin
#176Earlier quoted context omitted.
California? The state with the highest poverty rate in the nation?
California has a high poverty rate as measured by local cost of living (but very low using the standard federal methodology) 8j no small part because federal funding formulas funnel money out of California because of its aggregate economic success, limiting it's ability to effect distribution.
The fact that the federal government has used the income tax to centralize power, taking money from the citizens of the states and sending (some of) it back with strings attached, is a different issue.
Regardless, the cost of living is the cost of living.
Re: Governor Newsom announces California will make its own insulin
#177Sometimes I feel like this is the endgame where the US overall kind of declines but California starts managing itself better and operates almost like an independent country. Probably wishful thinking but would be great.
I can’t relate at all to that sentiment. California has got to be one of the most bloated and wasteful state governments in the entire US. High taxes and nothing to show for it. The entrenched far left seems bent on destroying the middle class, driving out business, regulating everything to death and displacing merit as a selection factor. Whatever glory Cali has— tech, entertainment, farming, weather, natural beauty…
Nancy Pelosi has been CA rep for decades and she is worth over $100M, meanwhile California education system is shit, the prison system is shit, taxes are among the highest in the US, income inequality is fucked, water is fucked, electricity is fucked. Same goes for all those politicians like Diane Feinstein, etc.
The last time a Republican had any presence in California was 30 years ago and the Dems have driven this state off a cliff. Why do Californians still keep falling for the same grift election after election? It doesn't matter who you vote for, all they do is steal from the people for their own gain and we keep voting for them because they give us lip service on particular causes.
Re: Governor Newsom announces California will make its own insulin
#178This is genius (sort-of).
It solves a specific and practical need without being too grandiose.
In the long term, an independent, non-profit, social enterprise, government-sponsored entity would be a better vehicle for this because whichever states, federal (Medicare, Medicaid, VA), pension funds, AARP, and/or insurance companies could back it in order to reduce their costs. It's far better to pool the risks, minimize duplicated effort, and reap the rewards using scale.
This is how pharmaceuticals and healthcare should be delivered for nonelective care.
The leading US industry lobby, PhRMA, will do everything in its power to kill it in some manner whether through the legal system, traditional advertising, and/or social media.
https://truthout.org/articles/pharma-breaks-lobbying-record-...
Re: Governor Newsom announces California will make its own insulin
#179Earlier quoted context omitted.
I can’t relate at all to that sentiment. California has got to be one of the most bloated and wasteful state governments in the entire US. High taxes and nothing to show for it. The entrenched far left seems bent on destroying the middle class, driving out business, regulating everything to death and displacing merit as a selection factor. Whatever glory Cali has— tech, entertainment, farming, weather, natural beauty…
I don’t think that’a entirely fair. California is the product of good governance during the 1950s-1980s. There is public infrastructure, like good schools and universities, that needs to be laid to attract industry in the first place. California probably wouldn’t the what it is without the UC system, for example. Of course that was a very different California.
Good schools? CA is one of the bottom in terms of education despite the 5th largest economy in the world. It's abhorrent.
Re: Governor Newsom announces California will make its own insulin
#180Earlier quoted context omitted.
Deadly!
Citation?
Horse named Jim: https://en.wikipedia.org/wiki/Jim_(horse)