Hospital Bond Vote Was Not Responsible
Re “Hospital Bond Fuels Projects,” Nov. 9: I am not surprised that Californians approved the fiscally irresponsible hospital bond issue for children’s hospitals. Their approach to state finance reflects their approach to personal finance. The average family carries a credit card debt of $8,562, with half of them paying only the minimum each month, with consumers collectively paying $50 billion in credit card finance charges annually, and with 1.3 million of them declaring bankruptcy last year.
This is a free choice if people individually want to live like this, but I am one of those who pays off the credit card balance each month. I and other fiscally responsible Californians are not happy about being forced to spend our hard-earned tax dollars in this irresponsible fashion.
Daniel Fink
Los Angeles
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