California: Officially the worst-run state in the U.S. (Arvin: real estate, foreclosure)

[EclecticEars]

Here's the link: Best and Worst Run States in America — An Analysis Of All 50 - 24/7 Wall St.

Thoughts?

[Curmudgeon]

Predictable!

[Zembonez]

It should come as no surprise to anybody that has been paying attention.

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.

[nullgeo]

Originally Posted by EclecticEars

Here's the link: Best and Worst Run States in America — An Analysis Of All 50 - 24/7 Wall St.

Thoughts?

Yes.
This is an excellent incentive for everybody to take one of [highnlite's] 62 paved roads outta here and move to any of the "Best run states" of Wyoming, Nebraska, or North Dakota.

Snort, if you read this, you may stay and take over the mayorship of Arvin.
Highnlite, you of course may stay as Exit Highway Commissioner, ensuring those roads always remain one way only (out).
I will also stay behind to patrol for potential invasion from Canadians.

[.highnlite]

I would be happy to stamp the hands of those leaving this state, "No Return, All Exits Final"

[user_id]

These things are indeed predictable...... You pick a set of variables that shows what you want and then claim it shows X even though it does no such thing.

What is amazing is that people take this stuff seriously........but hey its America...

[Dean Trails]

To be truthful, and this is only my opinion, the more that leave Calif. then it frees up the population pressures and the ones that remain can have more open space and quiet. The streams will still flow and the sun will still shine.

[Californiaguy2007]

Honestly California is too Large and too Complex to lump the whole state into one category...Certain areas are doing better while other parts are not.

[Ceece]

I love CA and have lived here my whole life but I agree, it's nearly impossible to manage with all the laws and rules and regulations.

[winkosmosis]

California spent 14% of all spending by states... But it has 12% of the country's population. It's 21st in state dept per capita... out of 50 states. Not seeing the problem here.

8th highest without insurance? In Texas the % uninsured is considered a free market badge of honor. 10th lowest revenue per person? Sounds like a low tax paradise! 2nd highest foreclosure rate? Maybe I could afford a house there someday.


Take these lists with a grain of salt. Here's an example of why they're worthless... You know why Hawaii has a 6% unemployment rate? Because people without jobs leave. You know we have few below the poverty line? Because the poverty line doesn't take into account cost of living. You know why we have among the highest income? Because of the high number of super rich, who drive up real estate and other prices which makes the rest of us suffer.