California rated worst run state

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  • Sly
    Let's do some business!
    • Sep 2004
    • 31377

    #1

    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
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  • shade001
    Confirmed User
    • May 2006
    • 396

    #2
    What a surprise.

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    • sperbonzo
      I'd rather be on my boat.
      • May 2003
      • 9750

      #3
      That... is.... a... total... shock...




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      • PrimeBrands
        Registered User
        • Jul 2011
        • 92

        #4
        No way!!!!!
        ***


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        • Fletch XXX
          GFY HALL OF FAME DAMMIT!!!
          • Jan 2002
          • 60840

          #5
          geez really? lol anyone who has lived there knows this!

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          • Topbuxom Lea
            Confirmed User
            • Feb 2004
            • 1313

            #6
            Arizona...Runner up....Sigh....

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            Lea
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