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Forbes Releases List Of 11 "Death Spiral" States
Real Clear Politics ^

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, you’re supporting 139 other people in the state who are on the “takers” list.

(Excerpt) Read more at realclearpolitics.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS:
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1 posted on 11/29/2012 4:42:02 PM PST by TigerClaws
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2 posted on 11/29/2012 4:51:18 PM PST by Theoria (Romney is a Pyrrhic victory.)
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To: TigerClaws

The States are
AL
CA
HI
IL
KY
ME
MS
NM
NY
OH
SC


3 posted on 11/29/2012 4:52:19 PM PST by SandRat (Duty - Honor - Country! What else needs said?)
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To: TigerClaws

Did all 11 states strongly support Obama on Nov 6, or just most of them?


4 posted on 11/29/2012 4:52:28 PM PST by ClearCase_guy (Global Warming is a religion, and I don't want to be taxed to pay for a faith that is not mine.)
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To: TigerClaws

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.


5 posted on 11/29/2012 4:58:38 PM PST by Parley Baer
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To: ClearCase_guy

It looks like ll but KY, SC, MS and AL (quick check) are obozo states.


6 posted on 11/29/2012 5:00:30 PM PST by freedumb2003 (Here comes bama claus here comes bama claus left down bama claus lane!)
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To: ClearCase_guy
Did all 11 states strongly support Obama on Nov 6, or just most of them?

Only 6 of the 11...4 of them being among the nation's most heavily populated states.

7 posted on 11/29/2012 5:00:37 PM PST by Gay State Conservative (Benghazi: What Did Baraq Know And When Did He Know It?)
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To: Theoria

If I had to guess, I think military personnel stationed in the states are getting counted as takers.


8 posted on 11/29/2012 5:03:02 PM PST by Hardslab
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To: Gay State Conservative

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


9 posted on 11/29/2012 5:04:10 PM PST by freedumb2003 (Here comes bama claus here comes bama claus left down bama claus lane!)
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To: ClearCase_guy

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).


10 posted on 11/29/2012 5:04:57 PM PST by JustaCowgirl (Revolutions are not born out of success, they are born out of despair)
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To: TigerClaws

Amazing that Michigan is not number 1.

What I’ve seen and heard it looks like a war zone.


11 posted on 11/29/2012 5:05:50 PM PST by Hang'emAll (Ride to the sound of the guns!)
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Donate here!

It’s nearly Turkey destruction time ,again.
Let’s give Jim an early CHRISTmas and finish this thing! Eh?

12 posted on 11/29/2012 5:14:59 PM PST by moose07 (The truth will out, one day.)
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To: moose07
BTTT!

13 posted on 11/29/2012 5:19:45 PM PST by RedMDer (Please support Toys for Tots this CHRISTmas season.)
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To: Hang'emAll
Michigan has a balanced budget amendment which mitigates the worst effects. It looks like a war zone because expenditures on infrastructure have been cut way back.

CC

14 posted on 11/29/2012 5:20:28 PM PST by Celtic Conservative
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To: freedumb2003
"It looks like ll but KY, SC, MS and AL (quick check) are obozo states."

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.

15 posted on 11/29/2012 5:22:24 PM PST by blam
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To: TigerClaws

Who knows who voted for what?.....


16 posted on 11/29/2012 5:29:12 PM PST by hosepipe (This propaganda has been edited to include some fully orbed hyperbole..)
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To: freedumb2003

Missed Hawaii


17 posted on 11/29/2012 5:45:41 PM PST by Gay State Conservative (Benghazi: What Did Baraq Know And When Did He Know It?)
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To: TigerClaws

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.


18 posted on 11/29/2012 5:47:10 PM PST by miserare
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To: TigerClaws

Forbes really likes Colorado, doesn’t he. ;-)


19 posted on 11/29/2012 6:01:15 PM PST by familyop (We Baby Boomers are croaking in an avalanche of rotten politics smelled around the planet.)
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To: freedumb2003
It looks like ll but KY, SC, MS and AL (quick check) are obozo states

SC certainly isn't an obama state. We never even saw a presidential ad here because it was already given to the R column.

20 posted on 11/29/2012 6:11:46 PM PST by PistolPaknMama
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