Thursday, December 1, 2011
The website 24/7 Wall St. has taken a bunch of fancy economic information and ranked the fifty states to determine the best and worst run. Guess what? Arizona's near the bottom! Way to go, Arizona legislators!
> State debt per capita: $1,882 (9th lowest)
> Pct. without health insurance: 16.9% (16th highest)
> Pct. below poverty line: 16.3% (tied for 13th highest)
> Unemployment: 9.1% (18th highest)
Arizona’s housing market was one of the worst hit in the country during the housing crisis. Home values have dropped 28.6% since 2006, the fourth worst rate in the country. In October 2011, one in every 259 housing units were foreclosed upon, which was the third worst rate that month in the U.S. Arizona also has one of the lowest credit scores in the country after its downgrade to AA- in 2009.
California's dead last, but they have Disneyland, Kogi food trucks, and beaches, so they probably can coast on that for awhile. While it's probably nice to have an infrastructure that isn't crumbling around you, it's not like anyone's going to move to Wyoming because it ranked at the top of the list. It's still Wyoming, and it's not like there's anything they can do about that.