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Old 12-06-2011, 08:35 AM   #1
Sly
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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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Old 12-06-2011, 08:37 AM   #2
shade001
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What a surprise.
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Old 12-06-2011, 08:40 AM   #3
sperbonzo
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That... is.... a... total... shock...




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Old 12-06-2011, 08:48 AM   #4
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No way!!!!!
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Old 12-06-2011, 08:57 AM   #5
Fletch XXX
GFY HALL OF FAME DAMMIT!!!
 
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geez really? lol anyone who has lived there knows this!
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Old 12-06-2011, 10:10 AM   #6
Topbuxom Lea
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Arizona...Runner up....Sigh....

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