Posted on 08/31/2007 10:05:20 AM PDT by dakine
Maryland knocked New Jersey out of the top spot this year, while Mississippi and West Virginia were the poorest states in the Union.
Maryland is now the wealthiest state in the union, as measured by median household income, according to the latest stats from the Census Bureau.
(Excerpt) Read more at finance.yahoo.com ...
hahaha...An ‘estate’ in palatial Elkridge....
Yep, I noticed that too. Its funny....the folks in red states...work hard and feel honored with their paycheck...and live a good lifestyle. I grew up in Bama and was barely a mile away from Tennessee. I knew people who barely cleared a $1000 a month back in the 1990s, and had a garden out back with fresh vegetables and a couple head of cattle which they took one or two off each year to the local butcher. None of these people ever complained about anything.
Last year....one of my dad’s oldest friends...in his late 70’s...died. The guy had been a carpenter his entire life...working for the county school system. He owned a 80-acre farm and had owned five pick-up’s in his entire life (yes...only five from age 16 to age 70...the last one lasting 22 years when he died). No kids...just him and the wife. When he died...the relatives fell into a state of shock because the old guy had saved almost $750k and it was sitting in a group of CD accounts (none paying more than 4.5 percent). My dad said there are more of these guys around than folks realize. Money magazine probably never met folks like that...that just lived a simple life and never asked for anything much.
>> Great people in Texas . . . But the weather!
With the amount of money we save in income taxes, cost-of-living, and property values ... we can afford to air condition heavily.
God Bless air conditioning.
Plus, the weather is only really bad from May to August ...
fall, winter and early spring are fantastic here.
H
For all the liberals’ whining about capitalism’s inequities and the wisdom of government redistribution, it sure is telling that the richest state is the one where those doing the redistributing live and the poorest is supposed to be that money is going.
I seem to remember reading that sometime ago. I’m just being a smart ass.
We’re neighbors. I live in Catonsville (as does Vision.)
It is over at Redstate.com : http://www.redstate.com/files/NYsubsidies.jpg
It was in yesterday's stories here
I am wondering if that isn’t misinformation since the blogger didn’t give a research source for the picture.
Maybe that is a picture of violent attacks and the large circles represent multiple attacks. Without a research source I could use it for any purpose.
Maryland is probably home to more top federal agency managers and executives, more federal agency consultants and more very-well-paid K-street lobbyists than any other part of the country. I think this would be born out if the data was arranged by zip-code and one could see the zip-codes in Maryland (and their proximity to D.C.) that have the highest incomes, that raise the Maryland statewide average. I doubt if the average income in Baltimore is a great contributor to the high statewide ranking for Maryland.
Odd, I’ve lived in Kentucky my whole life and I never would have thought Maine would be poorer. Of course, there’s a lot of homegrown generating cashflow here.
Post a link. Where did you find that map?
$300K equity in that Daly City house is perfectly likely. They probably bought the place for well under $200K. The thing would list for $500K least. Our housing market remains very silly.
Not that I think the Paw situation was on the up and up, but just FYI.
“What’s not to like?”
I love Texas and have seriously considered moving there. We are going rural and like the room. Wife digs the mountains, though.
“God bless Texas!”
Amen!
Since when is income considered wealth and used for comparison thereof?
I think your story points to a major flaw in this type of study: it measures only income, not household wealth. There are alot of retirees living in southern states who have little income, but have high household wealth.
As defined how?
This is the People’s Republic after all.
Montgomery County.
What the 'steamed former ACLU Memeber means is that Maryland, in which glorious state I happen to reside, is home to many many many Federal workers picking up $75-100 thousand, but whose actual worth in the non-gov economy would be, shall we say substantially or to be charitable, somewhat, lower.
Furthermore, many of these Federal "Workers" are a source of mystery to their neighbors, who wonder why an idiot who cannot wash a car, (never mind operate one) mow his lawn, or get dressed in attire familiar to others on the planet could possibly be worth anything, never mind the princely sums they receive for performing the mindless paper-shuffling tasks they are assigned. We also happen to know that many of them are so out of it, they are never assigned anything to do.
It is also envy. Oh yeah, Federal "workers" are mostly really really fat and ugly, too. Talking HUGE.
don’t ask him to consider his kneejerk biases.
That kind of stuff just makes me crazy!
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