Monday, 28 November 2022

California homeless math

From WSJ 

California Gov. Gavin Newsom ....recently put a temporary freeze on $1 billion of state grants for city and county homelessness programs....the measures would have reduced homelessness statewide by 2% between 2020 and 2024

[California has] more than 116,000 residents sleeping on the street on any given night.

California has dedicated some $15 billion toward the issue since the start of the pandemic.

$15 billion / 116,000 =  $129,310.34

2% x 116,000 = 2,320. $1 billion / 2,320 = $431,034.48



from The Grumpy Economist https://ift.tt/M7d3bLg

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