California the Country's richest & poorest state
California the Country's richest & poorest state
by eynon81 » Mon Nov 19, 2012 9:58 am
Last edited by eynon81 on Mon Nov 19, 2012 10:16 am, edited 1 time in total.
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Re: California the Country's richest & poorest state
by PoS » Mon Nov 19, 2012 10:44 am
CA is a microcosm of America's future as a welfare state, its what happens when you follow Keynesianism.
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Re: California the Country's richest & poorest state
by Sazari » Mon Nov 19, 2012 11:24 am
This is a stupid measure. The south is cheap so of course their poverty does not seem as bad when you account for healthcare. California is expensive, so of course the low income there are in a worse position. I think this measure dramatically overcompensated for living costs, since the states with the lower poverty are also conveniently the states where no one lives, and no one wants to live, resulting in a very low COL.
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Re: California the Country's richest & poorest state
by Hyperion » Mon Nov 19, 2012 11:37 am
Not surprising. Enron bankrupted the state in the early 2000s and before that Reagan's agenda destroyed the state's capability of funding necessary projects. The effects of neo-conservatism.
Last edited by Hyperion on Mon Nov 19, 2012 11:39 am, edited 1 time in total.
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