Fact of the day: 80% of the children born in New Orleans are funded by Medicaid. In fact, 24% of the population is covered by Medicaid, at an annual cost of $4.4 billion. People who have read this post: 356 Categories: Uncategorized Tags: Financial Mess 4 Comments Borepatch · March 6, 2012 at 1:37 pm Do you mean billion? The whole economy is only around $14T. Divemedic · March 8, 2012 at 12:45 am Yes. Fixed it. Thanks. Sometimes big numbers are hard to wrap your head around. SiGraybeard · March 8, 2012 at 12:56 am $14 billion here, $14 billion there, pretty soon you're talking real money. This won't be the case for long. At this rate of spending, the economy is going to collapse soon enough. Barry · March 14, 2012 at 3:33 am It's New Orleans. Were you expecting something different? Most of Lousiana is on Gov't aid. Comments are closed.