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Keyword: deadweightratio

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  • What’s Your State’s Deadweight Ratio?

    04/01/2011 11:51:34 AM PDT · by BenLurkin · 25 replies
    forbes ^ | Mar. 16 2011 - 7:12 pm |
    The structural problem is that government has too many mouths to feed. It’s possible to quantify that problem. The result is a metric that I call the Deadweight Ratio. It tells you how many beneficiaries of government spending there are for every private sector job. The Deadweight Ratio suggests that Connecticut and New Jersey are, despite well publicized budget deficits, in better shape than most states. It also says that California and New York are going to be sickly credits for a long time to come. Every state has one set of people contributing to the coffer—namely, private sector workers—and...