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The 10 States On The Verge Of A Fiscal Catastrophe
The Business Insider ^ | 11/13/09

Posted on 11/13/2009 7:09:28 AM PST by FromLori

It's not just California that's dragging the country down. Did you know Wisconsin was in trouble?

A new report by the Pew Center on the States, called Beyond California: States In Trouble, shows us the 10 that are weighing the country down.

The ranking looks at budget gaps, foreclosure rates, lost state revenues, unemployment, money-management practices, and where "super-majority" requirements are killing efforts to fix the financial mess.

Scores for each category are tallied for an overall ranking. We bring you the top 10, counting down from bad to worst. The higher score, the bigger the crisis. California gets a 30, while the national average is 17.

Of course, all states except for Montana and North Dakota faced budget shortfalls for fiscal 2010. And based on historical precedent, state budgets are likely to get worse, bottoming long after the national economy, with costs rising faster than revenue.

CHECK OUT THE 10 WORST STATE BUDGETS>>>

(Excerpt) Read more at businessinsider.com ...


TOPICS: Business/Economy; Government; News/Current Events; US: California
KEYWORDS: bhoeconomy; bluestates; deficit; economy; elections; hopeychangey; states; taxandspend; topten
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To: FromLori

I believe Florida still has a GOP legislature and has had one since the Reagan era.


21 posted on 11/13/2009 7:38:56 AM PST by Moonman62 (The issue of whether cheap labor makes America great should have been settled by the Civil War.)
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To: Moonman62

Oh I stand corrected then I don’t live there but the other day some freepers said that was the case when the issue of red/blue states came up.


22 posted on 11/13/2009 7:42:27 AM PST by FromLori (FromLori)
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To: mmichaels1970

Thanks you nailed me :)


23 posted on 11/13/2009 7:43:31 AM PST by mel
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To: GOP_Party_Animal

AZ is still a red state


24 posted on 11/13/2009 7:44:00 AM PST by Yohan
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To: FromLori

people should keep in mind,
that under Waxman’s cap and trade,
California benefits


25 posted on 11/13/2009 7:47:10 AM PST by element92
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To: FromLori

Here in WI you can’t drive through any small town now that doesn’t sport a Supera Tiendra catering to illegals, cigarettes are on the order of $6.00 a pack (except at the back door of the Supera Tiendra where cigs that oddly carry no tax stamp can be bought if your name happens to be Sanchez, then they’re about $2.50) If I tried that I’d be cooling my heels in jail, but with illegals mixed with companies willing to hire them mixed with progressives giving your shirt away at every step a little black market activity like that is completely overlooked - as long as you’re hispanic that is. We spend on the order of 7 times as much per capita as CA does and we are being taxed into dust to do it. What a mess!


26 posted on 11/13/2009 7:47:16 AM PST by mdk1960
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To: SnakeDoctor

“God Bless Texas.

No state income tax, general business-friendly policies, reasonable property values ... the country would be better off if every state followed the example set by TX.”

SnakeDoc

I like Texas, my wife is from Dallas. What are they doing about their huge illegal alien problem lately? Do they have the sack to deport people and shut down businesses that employ illegals?

Curious. My wife has talked about moving back (we live in Massachusetts).. And yes, I know the 2 states couldn’t be more different.


27 posted on 11/13/2009 7:48:35 AM PST by strider44
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To: FromLori

I got out of CA three years ago and I am in Florida now. Better, but not good enough. Do you have a list on the best places to live ;)

Thanks for the post, this one and for a lot of other good ones you post.


28 posted on 11/13/2009 7:53:26 AM PST by LuvFreeRepublic (Support our military or leave. I will help you pack BO!)
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To: LuvFreeRepublic

Your welcome. I don’t know if I would go by a list though there are plenty of them out there you would have to consider who is writing that list and what they are basing it on. I would say if you can what ever state you ultimately choose live as far out in the country as you can and try to be as self sufficient as possible.


29 posted on 11/13/2009 8:01:33 AM PST by FromLori (FromLori)
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To: mmichaels1970

LOL Thank-you :)


30 posted on 11/13/2009 8:11:20 AM PST by Irisshlass
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To: FromLori

I know not to count on a list. I was just kidding. Our country is such a mess. I am near family here in Florida so things are much better than they were when I was in CA. My Mom is from Texas and if we could, we would both move there and pick a place out in the country. My Dad doesn’t want to move. So for now, Florida is home.


31 posted on 11/13/2009 8:16:15 AM PST by LuvFreeRepublic (Support our military or leave. I will help you pack BO!)
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To: FromLori

ND has oil revenue going for it, if they let Bakken expand.


32 posted on 11/13/2009 8:21:56 AM PST by WOBBLY BOB (ACORN:American Corruption for Obama Right Now)
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To: SnakeDoctor

Florida was ruined by the New Yorkers and other easterners who retired there, bringing their stupid liberalism with them. Arizona and Nevada were ruined by liberals fleeing the mess they left in California.

So, as you sing the siren’s song to come to Texas you are only inviting the same.

Don’t forget to tell everyone how hot it is, how big the rattlesnakes and tarantulas are, how the brown recluse spider is everywhere, how long the droughts last only to be followed by floods, how ugly the women are, how expensive the booze and cigarettes are, how the cops have speed traps everywhere, how you can’t go out for a neighborhood walk without getting shot by gangs of illegals, how the KKK is starting up again, how all the high tech jobs are being replaced by jobs done by SEIU members, how the Cowboys of Tom Landry and Tex Schram were ruined by Arkansas hillbillies and the list goes on and on.

I am sure others can add to my list of why no one should consider moving to Texas.


33 posted on 11/13/2009 8:30:01 AM PST by Mind-numbed Robot (Not all that needs to be done needs to be done by the government)
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To: FromLori

All seem to have extremely lax welfare rules.....hmmmmmmm


34 posted on 11/13/2009 8:42:54 AM PST by sniper63 (Silent and stealthy - one shot - one kill)
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To: Mind-numbed Robot

Oh yeah, and the cowboys, the real ones, will spit tobacco on your shoes.


35 posted on 11/13/2009 8:46:17 AM PST by Mind-numbed Robot (Not all that needs to be done needs to be done by the government)
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To: TurtleUp

Whoo-hoo! We’re number two!

The Arizona economy — and tax structure — were “designed” around growth. As long as all those midwesterners and Californians were coming in to build houses here, we were fine. Local towns would balance their budgets on the $15K “impact fees” that builders had to pay for the privilege of putting up a house.

No construction, no impact fees, no balanced budgets. Not to mention how tourism looks these days.

K-12 education is surviving on the “stimulus funds”, but the universities are seeing cutbacks. Road construction, however, still continues like crazy.


36 posted on 11/13/2009 8:53:20 AM PST by AZLiberty (Yes, Mr. Lennon, I do want a revolution.)
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To: mmichaels1970

I can’t believe that the People’s Republic of Hawaii where I live insn’t on the list!


37 posted on 11/13/2009 8:57:47 AM PST by Jean2
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To: FromLori

Thank the Lord for the rural conservative “T” in Pennsylvania and their representatives in the State Senate. Were it not for them Fast Eddie would have had us on this list, I’m sure.


38 posted on 11/13/2009 9:10:22 AM PST by Buckeye McFrog
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To: clamper1797

Thank god for the super majority. Without that we would really be up the creek with sky high taxes. This state is such a mess.


39 posted on 11/13/2009 11:10:54 AM PST by Uncle Hal
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To: The Comedian

It’s a bad thing to have McCain as your senior senator?


40 posted on 11/13/2009 6:10:28 PM PST by BenKenobi
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