No on California Proposition 4

November 2018 election

It’s hard to beat the branding on a bond to build and improve children’s hospitals, as Prop 4 would spend $1.5 billion on. But these projects remove $80 million from the General Fund for the next 35 years, cutting into funding of other critical programs. 28 percent of the General Fund is spent on healthcare — the second-largest bucket after education — so this could even reduce funding for other healthcare programs. See my endorsement against Prop 1, another general obligation bond, for more background.

If children’s hospitals need construction and renovation funding, Sacramento legislators can vote on that funding through normal budgeting procedures. This would give Legislature the power to oversee progress on these projects, especially important given some benefit private hospitals. Vote against Prop 4 to avoid further abuse of general obligation bonds.

Written by

Economist. Founder and president of the UBI Center. Studied at MIT and UC Berkeley. YIMBY. Former Google data scientist.

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