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Rhode Island almost beats California

Rhode Island almost beats California

For the top prize as the Worst-Run State.

Via Yahoo Finance (h/t Danelle), California is the worst-run state, with Rhode Island just behind:

49. Rhode Island

> Debt per capita: $9,018 (3rd highest)
> Budget deficit: 13.4% (28th largest)
> Unemployment: 11.3% (3rd highest)
> Median household income: $53,636 (17th highest)
> Pct. below poverty line: 14.7% (24th lowest)

Rhode Island’s finances were a mess in fiscal 2010. The state had $9.5 billion in unpaid debts, which came to 107.2% of that year’s revenues.At more than $9,000 per person, it’s one of the largest debt burdens in the country. The state also funded less than half of its pension obligations, worse than all states except for Illinois. In 2010, in a spectacular example of fiscal mismanagement, the state guaranteed a $75 million loan to a video game company, which has since defaulted. With one of the nation’s slowest growth rates and the third-highest unemployment rate in the U.S., at 11.3%, Rhode Island’s economy performed poorly overall.

I’m somewhat upset about this.  We try really hard to be  horrible.  The unions run the politicians and are the state.  Need I say more?

Well, at least we’re No. 1 at something.

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Comments

Sandwiched between California and Illinois, that’s a blue-state special. Hmmmm, now what could possibly be the unifying characteristic of the bottom three? Give me a minute – I’ll think of it.

Woo Hoo! My state of Wyoming is #2.

To be fair though, North Dakota is currently booming in energy development and Wyoming is sitting on large oil shale deposit in Green River, just waiting to be tapped.

    Uncle Samuel in reply to Kenshu Ani. | November 27, 2012 at 8:35 pm

    All that making you targets. Prime targets for the attentions and ministrations of the enemies of prosperity and domestic oil.

    Aarradin in reply to Kenshu Ani. | November 28, 2012 at 9:39 am

    Didn’t I read something recently about the federal government taking control of millions of acres of land in the Green River area – for the specific purpose of preventing the exploitation of its resources?

    I know it crosses state lines, was that land they grabbed in Wyoming?

    GrumpyOne in reply to Kenshu Ani. | November 28, 2012 at 11:42 am

    Yeah and the anointed one is probably thinking about how he can stop that “revoltin’ development.”

On the bright side, you’ve always got those ever-popular walking penises (penii?), Sen. Whitehouse and Rep. Cicilline to represent their, I mean your, best interests. With any luck, there’s bound to be a few bushel’s of Green Energy money earmarked for the Ocean State.

Most ironic: California sits on vest oil reserves, some right off the coast.

Outside of Washington D.C., California is the nation’s most oppressive sovereign, routinely pissing on personal and economic freedom. (Hey, they don’t call it ‘The Golden State’ for nothing.)

    Yanno, in respect for the spirit of comity that Dr. Jacobson promotes on this site, as a fighting Tea Party-Republican from the great State of California, let me be among the first to sincerely wish you a very Happy Christmas and a Joyous New Year.

In addition to crooked pols, sleazy union bosses, RI has got these guys too (Mafia) http://www.opposingviews.com/i/society/drug-law/new-england-crime-boss-sentenced-78-months-federal-prison

Jack The Ripper | November 27, 2012 at 11:34 pm

My ex-girlfriend (the one who broke my heart) was from Rhode Island by way of California.

She lives in Massachusetts and probably voted for Obama and Warren.

Guess its good for me that we are not together, but, maybe, I could have brought her along into mature political thought.

But, enough of maturity. Some of the best times I had were in Rhode Island. So, while you may call Massachusetts the Bay State and you may call Rhode Island the Ocean State, I prefer to remember Rhode Island as the Lay State. Take that, Virginia is for Lovers!

This has special significant to me because in a past life I was the resident (and only) peace officer of an area in California larger than the state of RI. Just saying it takes a lot of messing up to compile that lousy a record.

I hear that public Christmas trees are an endangered species in RI.

A couple years ago when Central Falls, RI was making national news due to its bankruptcy, I saw a news report where they interviewed a resident. At the end of his comments he said, “Its such a shame, Central Falls has always been such a Progressive city”.

I burst out laughing.

How clueless can you possibly be? The city is bankrupt as a direct result of its progressive policies!

Yep, good ol’ RI will never change and that’s why I voted with my feet back in 1990!

    Pelosi's Panties (Extraordinary Liberal Coverage!) in reply to GrumpyOne. | December 7, 2012 at 3:26 pm

    Well… I HAVE heard mention that “Happiness is: Rhode Island in the rear view mirror”! Actually witnessed a man cast that very same vote once. Still, AFAIK, RI is the only place in the world with a “West Warwick”. That’s probably gotta count for SOMETHING! Plus which they have Johnston as a kicker… And not for nothing but I don’t see anyone messing with Quonochontaug neither…

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