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 ...
New Mexico is full of watermelons (green on the outside and red on the inside) and they have wrecked the State. Sad.
Also, Fort Rucker and the AF base in Montgomery supports a huge retired population, and don't forget the very large retired population living in the vicinity of now-defunct Fort McClellan at Anniston.
In fact, I'd say that the so-called "entitled" population of Alabama is hugely comprised of retired military personnel, all of which usually vote a conservative ticket.
So...I'm not convinced that labeling Alabama as a death spiral state,when compared to, say Ohio, is valid.
Just because a state did not vote for Obama does not mean it is being run well. Look at the criteria to make the list - unfunded liabilities are the top concern. There are about as many Republicans as Democrats who are willing to give away taxpayer money to government employees, I’m afraid. Politicians spend. It’s what people elect them to do.
No way in Hell NJ doesn’t belong on that list; we have a lot of takers, and are bleeding jobs and taxpayers like crazy. It was bad enough for people to elect Christie as governor (and I’m glad they did), but that was only because many of our takers can’t vote (illegals and/or felons). Our government workforce is bloated (even after layoffs of thousands due to our property tax cap), and the costs of our retirees are strangling us.
I think people will be investing in those southern states on the list long before they invest in NJ...
"So...I'm not convinced that labeling Alabama as a death spiral state,when compared to, say Ohio, is valid. "
I remember during the Iraqi war hearing on the radio that the State of Alabama had more people in the war than any other state except Texas.
The population of Alabama is less than metropolitan Houston. So...that seems reasonable.
I don’t see Mississippi on there — only Maine.
Just the demoncrap pustules known as Detroit and Flint, which are run by low-life suckup Obama wannabes.
The rest of Michigan is pretty nice.
Look at the election county map for Michigan. Detroit is war zone rat handout central. Rest of that state is all red.
Really except for the major cities (New York, Detroit, Chicago, Philly, Cleveland, etc.) with black populations the rest of the UNITED STATES is red. We have 10 cities controlling the entire country now via paid for voters and scamming.