So Massachusetts is dedicated to keeping medical costs high for everyone. Yay.
This is called "greed". It's especially called greed because Harvard at least has an endowment big enough it could cut the cost of educating a doctor by a huge amount -- like wipe out the cost of getting the bachelor's degree. MIT I'm not so sure of.
So Boston could have another medical school to keep your money flowing, if you're so worried about profiting from everyone else's misery. But I don't really care if Boston gets a tiny bit less wealthy so the rest of the country can benefit. We need more doctors, back to the point where one doesn't have to schedule an appointment to get seen.
And if people in Boston don't want to give up a little wealth for the sake of the rest of the country, then we have a name for that, too: Republicans.
We provide the technologies that are driving the new energy movement. Our contributions to the research community through harvard are legendary, as MIT is for Planetology and space and medical research. If there is a scientific breakthrough in this nation its at least 90 percent probable that it emanated from our educational system.
But we pay heavily for that in taxes. We invest in education because our future litterally depends on it. For Our investments out of state students pay well and fight for the chance to do it. We are not holding a gun to anyones head. They are free to find better services elsewhere and some do in california.
we have wealth because we double down in the financial sectors and insurance.
Forbes lists us as number one in quality of life
http://econpost.com/business/top-10-states-forbes-quality-life-index
We have the second most stable and robust economy in the nation
The University of Massachusetts report released Monday says employment over the past few months has expanded at the fastest rate in decades, while only one state, Texas, has added more jobs over the past year.
The Boston Globe reports that growth has been spurred by worldwide demand for technology products, but a struggling national economy threatens to undermine the demand, putting the state's recovery at risk.
The entire medical industry depends and is dominated by New England which brings us ballanced budgets and money to invest in our cities.
Healthcare industry top states by percentage of state economy 2008
Healthcare gross domestic product in $ billions
Rank State Healthcare GDP State percentage
1 Maine $5.6 11.2%
2 Vermont $2.6 10.2%
3 Pennsylvania $53.6 9.7%
4 Rhode Island $4.5 9.6%
5 Massachusetts $34.6 9.5%
http://econpost.com/industry/healthcare-industry-top-states-percentage-state-economy
Fifty percent of all medical industry dollars comes into New England. The contributions in research that we make to the nation is unrivaled.
We are not ashamed of charging for educating good doctors, because we are training the people that are going to discover cures for diseases that we don't even know exist yet.
Do we live well? yes. Aside from the housing market, while the rest of the nation was having a recession we were busy paying our way.
Here are our 2008 financial figures.....
Massachusetts is one of the states where the government sector is not one of the top 5 contributors to the economy. In many states, the government sector is either 2nd or 3rd, in Massachusetts it is the sixth largest sector.
Massachusetts economic development and output
The economic output of the state of Massachusetts was $365 billion in 2008. That figure is based on current 2008 dollars (nominal GDP), while the inflation adjusted GDP, real GDP, based on prices in the year 2000, was $312 billion in 2008, according to data from the U.S. Department of Commerce.
The statistics for economic growth show Massachusetts GDP grew at 3.37% in nominal terms in 2008 compared to 2007, in real terms the growth was 1.95%.
During the years of 2000-2008, Massachusetts GDP grew at an annual rate of 3.6% in nominal terms and in real terms the economy grew by 1.6%.
http://econpost.com/massachusettseconomy/massachusetts-gdp-size-rank
During the recession we were expanding and hiring more than before.
what we are dedicated to, kulindahr, is preserving american standards and values while inproving our own individual lives.
We are acheiving it when the rest of the nation is falling apart. We are not perfect. our housing market hit us hard, but those figures for growth above are the 2008 figures when real estate was collapsing entirely.
So while the rest of the nation was contracting economically we were expanding. We have not hidden our methods.
We insure civil rights to all, we have universal healthcare, we have a state minimum wage that is much higher than the nation, and we tax ourselves for what we spend without whining.
In fact there was a referendum on lowering state income taxes last november and it failed. The people of massachusetts choose to pay MORE in taxes to insure we are all cared for.
of course there was that big dig oopsy... HA... but we are paying for our own mistakes with ballanced budgets. We are not high rolling extravanant people. We just prefer to spend more and get better quality services for our citizens.