Posted on 03/26/2010 7:30:12 PM PDT by RobinMasters
How bad was 2009 for Americans? Rampant unemployment got combined with huge pricing signals for higher taxes and costs for businesses in a way that had everyone squeezing pennies until Abraham Lincoln squealed. Not surprisingly, the recession and those pricing signals added up to a big negative for American income in 42 states:
Personal income in 42 states fell in 2009, the Commerce Department said Thursday.
Nevada’s 4.8% plunge was the steepest, as construction and tourism industries took a beating. Also hit hard: Wyoming, where incomes fell 3.9%. …
Nationally, personal income from wages, dividends, rent, retirement plans and government benefits declined 1.7% last year, unadjusted for inflation.
(Excerpt) Read more at hotair.com ...
Ping
| State | Income (per capita) | Change in income 2008 to 2009 | Population (July 2009) | Change# in pop. 2008 to 2009 | Jobs lost 2008 to 2009 | Average jobless rate | Home prices 2008 to 2009 |
| *United States | $39,138 | -2.6% | 307,006,550 | 0.9% | -5,961,600 | 9.3% | -1.2% |
| Alabama | $33,096 | -1.7% | 4,708,708 | 0.7% | -98,300 | 10.1% | 2.1% |
| Alaska | $42,603 | -3.0% | 698,473 | 1.5% | -2,800 | 8.0% | -2.8% |
| Arizona | $32,935 | -4.1% | 6,595,778 | 1.5% | -148,200 | 9.1% | -13% |
| Arkansas | $31,946 | -1.0% | 2,889,450 | 0.8% | -39,000 | 7.3% | 1.5% |
| California | $42,325 | -3.5% | 36,961,664 | 1.0% | -917,800 | 11.4% | -0.4% |
| Colorado | $41,344 | -3.9% | 5,024,748 | 1.8% | -116,300 | 7.7% | 2.8% |
| Conn. | $54,397 | -3.3% | 3,518,288 | 0.4% | -65,800 | 8.2% | -3.1% |
| Delaware | $39,817 | -1.4% | 885,122 | 1.0% | -11,700 | 8.1% | -3.8% |
| District of Columbia | $66,000 | -0.5% | 599,657 | 1.6% | -3,400 | 10.2% | -0.3% |
| Florida | $37,780 | -3.3% | 18,537,969 | 0.6% | -425,700 | 10.5% | -8.2% |
| Georgia | $33,786 | -3.1% | 9,829,211 | 1.4% | -200,300 | 9.6% | -1.2% |
| Hawaii | $42,009 | -0.2% | 1,295,178 | 0.6% | -22,900 | 6.8% | -13% |
| Idaho | $31,632 | -4.1% | 1,545,801 | 1.2% | -28,500 | 8.0% | -6.6% |
| Illinois | $41,411 | -2.7% | 12,910,409 | 0.5% | -291,300 | 10.1% | -4.8% |
| Indiana | $33,725 | -2.4% | 6,423,113 | 0.5% | -140,600 | 10.1% | 1.7% |
| Iowa | $36,751 | -2.0% | 3,007,856 | 0.5% | -50,100 | 6.0% | 0.7% |
| Kansas | $37,916 | -2.5% | 2,818,747 | 0.8% | -63,700 | 6.7% | 1.5% |
| Kentucky | $31,883 | -0.2% | 4,314,113 | 0.6% | -57,800 | 10.5% | 1.6% |
| Louisiana | $35,507 | -1.6% | 4,492,076 | 0.9% | -68,800 | 6.8% | 0.7% |
| Maine | $36,745 | 1.0% | 1,318,301 | -0.1% | -17,500 | 8.0% | 1.0% |
| Maryland | $48,285 | 0.3% | 5,699,478 | 0.7% | -73,800 | 7.0% | -5.5% |
| Mass. | $49,875 | -2.0% | 6,593,587 | 0.8% | -92,600 | 8.4% | -0.3% |
| Michigan | $34,025 | -2.7% | 9,969,727 | -0.3% | -193,700 | 13.6% | -2.8% |
| Minn. | $41,552 | -3.3% | 5,266,214 | 0.7% | -102,100 | 8.0% | -1.0% |
| Miss. | $30,103 | -0.9% | 2,951,996 | 0.4% | -39,800 | 9.6% | -1.7% |
| Missouri | $35,676 | -1.9% | 5,987,580 | 0.5% | -107,700 | 9.3% | 0.0% |
| Montana | $34,004 | -1.8% | 974,989 | 0.7% | -22,400 | 6.2% | -2.6% |
| Nebraska | $38,081 | -2.8% | 1,796,619 | 0.8% | -28,400 | 4.6% | 2.1% |
| Nevada | $38,578 | -5.8% | 2,643,085 | 1.0% | -112,200 | 11.8% | -17% |
| New Hampshire | $42,831 | -1.4% | 1,324,575 | 0.2% | -13,700 | 6.3% | -0.5% |
| New Jersey | $50,313 | -2.3% | 8,707,739 | 0.5% | -141,800 | 9.2% | -3.7% |
| New Mexico | $32,992 | -1.2% | 2,009,671 | 1.2% | -37,800 | 7.2% | -4.5% |
| New York | $46,957 | -3.8% | 19,541,453 | 0.4% | -252,600 | 8.4% | -0.9% |
| North Carolina | $34,453 | -2.3% | 9,380,884 | 1.4% | -161,900 | 10.6% | 0.3% |
| North Dakota | $39,530 | -0.9% | 646,844 | 0.8% | -2,100 | 4.3% | 1.2% |
| Ohio | $35,381 | -1.4% | 11,542,645 | 0.1% | -273,400 | 10.2% | 1.0% |
| Oklahoma | $35,268 | -1.9% | 3,687,050 | 1.2% | -76,500 | 6.4% | 3.5% |
| Oregon | $35,667 | -1.9% | 3,825,657 | 1.1% | -99,100 | 11.1% | -7.4% |
| Penn. | $39,578 | -0.5% | 12,604,767 | 0.3% | -195,000 | 8.1% | -0.5% |
| Rhode Island | $41,003 | -0.6% | 1,053,209 | 0.0% | -19,300 | 11.2% | -0.7% |
| South Carolina | $31,799 | -2.1% | 4,561,242 | 1.3% | -72,200 | 11.7% | 1.4% |
| South Dakota | $36,935 | -4.4% | 812,383 | 1.0% | -11,200 | 4.8% | 1.6% |
| Tenn. | $34,089 | -2.1% | 6,296,254 | 0.9% | -139,200 | 10.5% | -0.6% |
| Texas | $36,484 | -3.5% | 24,782,302 | 2.0% | -412,400 | 7.6% | 0.8% |
| Utah | $30,875 | -3.7% | 2,784,572 | 2.1% | -68,700 | 6.6% | -7.7% |
| Vermont | $38,503 | 0.5% | 621,760 | 0.1% | -2,300 | 6.9% | -1.3% |
| Virginia | $43,874 | -0.5% | 7,882,590 | 1.1% | -108,600 | 6.7% | 3.1% |
| Wash. | $41,751 | -2.3% | 6,664,195 | 1.5% | -148,600 | 8.9% | -5.2% |
| West Virginia | $32,219 | 1.8% | 1,819,777 | 0.3% | -24,700 | 7.9% | -2.7% |
| Wisconsin | $36,822 | -2.5% | 5,654,774 | 0.5% | -134,400 | 8.5% | -1.2% |
| Wyoming | $45,705 | -5.9% | 544,270 | 2.1% | -22,900 | 6.4% | -6.0% |
Hmmmm....I wonder...can I apply for unemployment...I haven’t been employed for about, oh, 19 years...but, I worked for 20+ yrs before that.....hhhmmmmm.....
Does D.C. charge an income tax (a la NYC) on locally earned incomes? I mean - we all know the fortunes on K street and elsewhere in that town that are earned at offices located there, but the taxes are paid by taxpayers who are largely residents of VA, MD, WV, etc. I am stunned by that $66k/per capita value. Think of all the poor street urchins in that District, it’s hard to imagine they are offset, and then some by the Georgetown set, but maybe so...
Welcome to Gault’s Gulch!
..........Just wait 'till the new HealthCare kicks in.
The best thing to do would be for everybody to up their withholding exemptions and employers to quit collecting all payroll and income taxes, fess, etc.. In other words, the best way to bring the government to its knees is to simply ignore it and quit feeding it - kinda like the way zero treated Netanyahu this past week.
fess=fees, lol! :)
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.