Post A Reply
read DMs/my profile
login
|
join CAFords
|
search
|
faq
|
»
Northern California Ford Owners
»
Automotive
»
General Talk
»
California the worst run State in the Union
» Post A Reply
Post A Reply
Login Name:
Password:
Message Icon:
Message:
HTML is not enabled.
UBB Code is enabled.
[QUOTE]Originally posted by Wildfire532FB: [QB] http://www.foxbusiness.com/government/2012/11/27/best-and-worst-run-states-in-union/ Every year, 24/7 Wall St. conducts an extensive survey of all fifty states in America. Based on a review of data on financial health, standard of living and government services by state we determine how well each state is managed. For the first time, North Dakota is the best run. California is the worst run for the second year in a row. 50. California > Debt per capita: $4,008 (18th highest) > Budget deficit: 20.7% (17th largest) > Unemployment: 11.7% (2nd highest) > Median household income: $57,287 (10th highest) > Pct. below poverty line: 16.6% (18th highest) California is 24/7 Wall St.’s “Worst Run State” for the second year in a row. Due to high levels of debt, the state’s S&P credit rating is the worst of all states, while its Moody’s credit rating is the second-worst. Much of California’s fiscal woes involve the economic downturn. Home prices plunged by 33.6% between 2006 and 2011, worse than all states except for three. The state’s foreclosure rate and unemployment rate were the third- and second-highest in the country, respectively. But efforts to get finances on track are moving forward. State voters passed a ballot initiative to raise sales taxes as well as income taxes for people who make at least $250,000 a year. While median income is the 10th-highest in the country, the state also has one of the highest tax burdens on income. According to the Tax Foundation, the state also has the third-worst business tax climate in the country. [/QB][/QUOTE]
(
how?
)
Instant Emojis
Instant UBB Code
What is UBB Code?
Options
Disable smilies in this post.
*** Click here to review this topic. ***
Questions/Requests/Suggestions? email CAFords
Fueled by
Ford Mustang Owners
on CaliforniaFords.com