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Agschmid

(28,749 posts)
Sat Nov 23, 2013, 11:48 PM Nov 2013

How does your state rate?

Mine...

18. Massachusetts
> Debt per capita: $11,309 (the highest)
> Budget deficit: 5.5% (37th largest)
> Unemployment: 6.7% (16th lowest)
> Median household income: $65,339 (6th highest)
> Pct. below poverty line: 11.9% (11th lowest)

Massachusetts’ tends to spend a great deal on its population. In particular, it spent about $640 more per person on public welfare than the average state. It had more than $74 billion in debt in fiscal 2011, or 131% of the state’s revenue. Massachusetts had, by far, the most debt of any state. State debt across the 50 states accounted for about 50% of revenue, on average. A positive factor for the state is its residents’ health coverage. In part because of the comprehensive health insurance program implemented by former Massachusetts Governor Mitt Romney in 2006, residents easily have the highest coverage rate in the country. Only 3.9% of the population did not have health insurance in 2012, compared to less than 15% nationwide.



Read more: The Best and Worst Run States in America: A Survey of All 50 - 24/7 Wall St. http://247wallst.com/special-report/2013/11/21/the-best-and-worst-run-states-in-america-a-survey-of-all-50-2/#ixzz2lX0XICBH
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