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Old 11-30-2011, 01:33 PM
 
Location: SW MO
23,593 posts, read 37,471,872 times
Reputation: 29337

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...according to the following study.

Best and Worst Run States in America — An Analysis Of All 50 - 24/7 Wall St.

Fumbly-fingered. That's state, not "staste."
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Old 11-30-2011, 03:05 PM
mlb
 
Location: North Monterey County
4,971 posts, read 4,450,308 times
Reputation: 7903
Forbes says Utah is the best state for business..... but retiring here? We'll have to think about that.

The Best States For Business - Forbes

Last edited by mlb; 11-30-2011 at 03:34 PM..
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Old 11-30-2011, 03:37 PM
 
Location: Near a river
16,042 posts, read 21,967,545 times
Reputation: 15773
Mass. is well run...by the mafia...

I would imagine the best run states have the least number of cities and towns in financial trouble.

How can one compare state debt per capita when there are huge variations in state populations? How do you compare the population of Maine with that of NY or CA?

Oh, and health insurance? MASS. has the lowest rate of uninsured residents in the country because...it is forced upon us! One gets a sizeable fine attached to their IRS dues if uninsured.

Seems like yet another skewed study.
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Old 11-30-2011, 03:57 PM
 
Location: State of Being
35,879 posts, read 77,483,478 times
Reputation: 22752
Well, some of the states where people most enjoy living are amongst "the worst" and some of the states that are not on many people's "must visit" or "gotta live there" lists are recognized as "the best."

Not sure what that means but I bet it means something, lol.
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Old 11-30-2011, 07:37 PM
 
3,609 posts, read 7,919,691 times
Reputation: 9180
Some interesting things...

- best run state in the southeast- VA- which is the most NORTHERN state in the southeast.

- CA one of the worst run- despite some parts being very prosperous- I lived in CA once and it's a state that shoots itself in the foot on a regular basis

- rural midwest does very well, only somewhat industrial/ urban state listed as well-run is MN
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Old 11-30-2011, 08:52 PM
 
Location: Los Angeles area
14,016 posts, read 20,902,793 times
Reputation: 32530
Default What does "per capita" mean? Response to a non-sequitur.

Quote:
Originally Posted by newenglandgirl View Post
Mass. is well run...by the mafia...

I would imagine the best run states have the least number of cities and towns in financial trouble.

How can one compare state debt per capita when there are huge variations in state populations? How do you compare the population of Maine with that of NY or CA?

Oh, and health insurance? MASS. has the lowest rate of uninsured residents in the country because...it is forced upon us! One gets a sizeable fine attached to their IRS dues if uninsured.

Seems like yet another skewed study.
Is is really possible you don't know what "per capita" means? It means per person. That is the only rational way to compare state debt because of the very differences in state populations which you refer to. Hello? If state A has a debt of $10 million and they have a population of 10 million people, then the debt is one dollar per person, or per capita. If state B has only $ one million in debt but only one million people, then their per capita (per person) debt is the same: one dollar. Both states can be presumed to be able to support their debt more or less equally well (or poorly) because the ratio of the debt to the population is the same.

I would say it's not so much the study which is skewed but your critique of it.
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Old 11-30-2011, 10:12 PM
 
Location: Near a river
16,042 posts, read 21,967,545 times
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A state like Wyoming that has a relatively small per capita debt of $2400 with a population of 560,000 cannot be compared with a state like Illinois with a per capita debt of $4400 and a population of almost 13 million, in using per capita debt as a factor in determining best-run and worst-run states. A more accurate factor would be what $ amount each state actually spends on each resident in terms of return. Even then, what does that tell you? A state can spend more on each resident in terms of education, safety, etc, and get a greater return dollar-wise in taxes than a state that spends less on each resident and gets less from each resident in terms of taxes, or a state can spend more and get less (depending on employment rates and quality of employment and subsequently the numbers getting state aid), and so on.
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Old 12-01-2011, 07:08 AM
 
Location: Lexington, SC
4,281 posts, read 12,666,640 times
Reputation: 3750
The main issue with any ranking system is not what/how they are trying to rank , but what does one want. As an example. Many southern states have low property taxes but also low per capita spending on education. So which is important to you?
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Old 12-01-2011, 08:47 AM
 
Location: Franklin Lakes, NJ
174 posts, read 450,323 times
Reputation: 200
I have to stand up for my home state of New Jersey. We deserve the title of Worst Run State. We have a local paper covering northern NJ called The Record. Almost daily, no lie, there is at least one story about corruption in pubic agencies and the political indictment of the day. Federal law enforcement jokes that they should put yellow crime scene tape around the State Capital. Things are so bad that upon reporting for work one morning, city employees discovered that thieves had stolen the copper handrails from Newark City Hall. The perverse thing is that NJ residents are almost prideful about the corruption in local government.

I can't wait to leave.
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Old 12-01-2011, 11:08 AM
 
Location: SW MO
23,593 posts, read 37,471,872 times
Reputation: 29337
Quote:
Originally Posted by ERISAjunkie View Post
I have to stand up for my home state of New Jersey. We deserve the title of Worst Run State. We have a local paper covering northern NJ called The Record. Almost daily, no lie, there is at least one story about corruption in pubic agencies and the political indictment of the day. Federal law enforcement jokes that they should put yellow crime scene tape around the State Capital. Things are so bad that upon reporting for work one morning, city employees discovered that thieves had stolen the copper handrails from Newark City Hall. The perverse thing is that NJ residents are almost prideful about the corruption in local government.

I can't wait to leave.
That's what you get for having a bunch of Snookies!
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