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Sly · 12-06-2011, 08:35 AM

Not sure how credible this source is, but interesting data nonetheless...

50. California
> State debt per capita: $3,660 (21st highest)
> Pct. without health insurance: 18.5% (8th highest)
> Pct. below poverty line: 14.5% (tied for 21st highest)
> Unemployment: 11.9% (2nd highest)

California has moved down one slot on from last year to earn the title of the worst-run state in the country. In the fiscal year 2009, the state spent $430 billion, roughly 14% of all the money spent by states in that year. Compared to its revenue, the state spent too much ? California had the 10th lowest revenue per person, and spent the 15th most per person. California is the only state in the country to be rated A-, the lowest rating ever given to a state by S&P. Despite the huge amount the state spends each year, conditions remain poor. California has the second-lowest percentage of adults with a high school diploma in the country, the second-highest foreclosure rate and is tied for the second highest unemployment rate in the U.S.

Read more: Best and Worst Run States in America ? An Analysis Of All 50 - 24/7 Wall St. http://247wallst.com/2011/11/28/best...#ixzz1flkQ84lM

12-06-2011, 08:35 AM
Sly Let's do some business! Industry Role: Join Date: Sep 2004 Location: Austin, TX Posts: 31,358	California rated worst run state Not sure how credible this source is, but interesting data nonetheless... 50. California > State debt per capita: $3,660 (21st highest) > Pct. without health insurance: 18.5% (8th highest) > Pct. below poverty line: 14.5% (tied for 21st highest) > Unemployment: 11.9% (2nd highest) California has moved down one slot on from last year to earn the title of the worst-run state in the country. In the fiscal year 2009, the state spent $430 billion, roughly 14% of all the money spent by states in that year. Compared to its revenue, the state spent too much ? California had the 10th lowest revenue per person, and spent the 15th most per person. California is the only state in the country to be rated A-, the lowest rating ever given to a state by S&P. Despite the huge amount the state spends each year, conditions remain poor. California has the second-lowest percentage of adults with a high school diploma in the country, the second-highest foreclosure rate and is tied for the second highest unemployment rate in the U.S. Read more: Best and Worst Run States in America ? An Analysis Of All 50 - 24/7 Wall St. http://247wallst.com/2011/11/28/best...#ixzz1flkQ84lM __________________ Vacares - Web Hosting, Domains, O365, Security & More - Paxum and BTC Accepted Windows VPS now available Great for TSS, Nifty Stats, remote work, virtual assistants, etc. Click here for more details.