Skip to comments.Forbes Releases List Of 11 "Death Spiral" States
Posted on 11/29/2012 4:41:58 PM PST by TigerClaws
FOX News: A writer at Forbes Magazine has identified a phenomenon called the death spiral states. The category includes 11 states where private sector workers are outnumbered by people who are dependent on the government. That number would include state workers, and people who are receiving welfare or pension. For example, in California the ratio of takers versus makers is bigger than one. If you own a software company that employs 100 people, youre supporting 139 other people in the state who are on the takers list.
(Excerpt) Read more at realclearpolitics.com ...
The States are
Did all 11 states strongly support Obama on Nov 6, or just most of them?
I have a Conservative friend who left California a couple of years ago and moved to New Mexico to get away from the state. Well it appears from a death spiral stand point New Mexico is at 153/100 which is worse than California which is 139/100.
It looks like ll but KY, SC, MS and AL (quick check) are obozo states.
Only 6 of the 11...4 of them being among the nation's most heavily populated states.
If I had to guess, I think military personnel stationed in the states are getting counted as takers.
Hmm — double check me?
AL - R
CA - o
HI - o
IL - o
KY - R
ME - o
MS - R
NM - o
NY - o
OH - o
SC - R
They’re not all Democrat states, the Southern states aren’t. Forbes’ focus was on states for which it would be dangerous to buy or hold municipal or state bonds, so it’s purely a set of fiscal criteria (as I read it).
Amazing that Michigan is not number 1.
What I’ve seen and heard it looks like a war zone.
Alabama is solidly Republican/conservative...the last Democrat in elected state office was defeated in the 11-6-2012 election. The entire state government and the Supreme Court are held by Republicans.
Redstone Arsenal, Rocket City (Huntsville), is probably receiving serious federal money.
We have a Black population of 25% that 'draws in' a lot of federal money too.
Who knows who voted for what?.....
I’m surprised that Pennsylvania is not on this list.
Seems like I’m the only one at the supermarket paying cash for my items, while all others use the EBT card.
Forbes really likes Colorado, doesn’t he. ;-)
SC certainly isn't an obama state. We never even saw a presidential ad here because it was already given to the R column.
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