Your guesses are up - now watch the video.
Your guesses are up - now watch the video.
Mismanagement? Hmm.
Louisiana...as in Mardi Gras?
Originally posted by: MisterPicture
Wait, I assume you are talking about the state in the biggest financial trouble WITHOUT federal help.
In that case the winner has to be South Carolina, which gets over seven dollars back from the feds for every dollar they pay in taxes.
Did I win?
And oh yes, no more Red State Bailouts!
Mister doesn't want to have the wealthy states helping the states with plenty of poor. He's only good at giving away money from someone elses pocket. How Liberal of you.
Originally posted by: Boilerman
Mister doesn't want to have the wealthy states helping the states with plenty of poor. He's only good at giving away money from someone elses pocket. How Liberal of you.
Forcing wealthy states to help poor red states IS taking away money from someone else's pocket.
No more Red State bailouts!
Top ten most Federaly dependant states
Give the AYn Rand governors credit. They do a great job of paying their bills ... with blue state money.
Can you imagine if Illinois got to keep all of the money they sent to the US government to prop up Mississippi?
| 1 | New Mexico | 82.21 | 1 | 6 |
| 2 | Mississippi | 79.41 | 5 | 4 |
| 3 | West Virginia | 70.70 | 4 | 9 |
| 4 | Montana | 70.70 | 14 | 1 |
| 5 | Kentucky | 69.78 | 6 | 8 |
| 6 | Alaska | 67.92 | 7 | 7 |
| 7 | Arizona | 65.61 | 12 | 5 |
| 8 | Indiana | 62.77 | 9 | 10 |
| 9 | Alabama | 61.56 | 8 | 14 |
| 10 | South Carolina | 61.31 | 3 | 30 |
Is it a coincidence that nine of the ten are Trumper states?
They all bleat the conservative mantra of less government but eagerly lap up the goodies that government provides.
Re: Top ten most Federally dependent states
Just to clarify the subject report is not just a measure of Federal Welfare expenditures in the states; it includes all Federal expenditures within the states.
The Albuquerque Journal has presented an explanation of the expenditures of Federal funds which contribute to the high rank for New Mexico.
F'rinstance:
__ 2 National Laboratories
__ 4 Military Bases
__ Federal Ownership of over a quarter of the State land
__ Agricultural Subsidies
The article expounds:
" '(Federal) spending is concentrated on areas with high poverty and elderly, and areas that are centers of federal employment,' said Vanderbilt University professor David C. Parsley. 'This last creates incentives for our congressional legislators to try and direct federal spending to their state'
New Mexico looks like a sweet spot for federal spending on social programs like Medicare, Medicaid and Social Security.
At 21.9 percent, New Mexico had the second-highest poverty rate in the country in 2013, according to the Census Bureau. Another census report projects the state’s percentage of senior population could grow to fourth highest in the country by 2030.
The labs and military bases, plus agencies with a big presence, like the U.S. Forest Service and Bureau of Indian Affairs, require a steady flow of funding that seems as though it could go on forever. The truth is that the flow could drop with a base closing, budget cuts to research programs or the downsizing or relocation of an agency office."
The article concludes:
"WalletHub’s ranking uses four metrics:
• The ratio of incoming federal funding to outgoing federal income taxes, which placed New Mexico at fifth highest, at $2.19 in funding for every $1 in taxes. In addition to direct payments, incoming money includes federal contracts, grants and insurance payments (hurricane damage in Florida, for example).
• Federal funding as a percentage of state revenue, which placed New Mexico at ninth highest, at 38 percent. The range among states is a low of 19.5 percent in North Dakota to a high of 44 percent in Mississippi.
• Ratio of federal employees to the total population, which placed New Mexico at sixth highest with a ratio of 0.01850 federal employees per capita. The range among states was a low of 0.00296 per capita in Wisconsin to a high of 0.05437 per capita in Hawaii.
• Ratio of federal civilian employees not working for a military branch or the Defense Department to total population, which placed New Mexico at third highest, with a ratio of 0.00903 per capita. The range among states was a low of 0.00175 per capita in Connecticut to a high of 0.01519 per capita in Maryland.
Whenever PJ posts anything, you never get the full story - just the inflamatory headlines with partial truths. Nothing new here...
I don't want rich states helping poor states, but isn't that the Liberal way? The have nots getting money from the wealthy. I'm consistent, and Mister is not.................because this time it costs him money.
Your stance if so Liberal of you.
Who said anything about welfare? Although as DonDIego points out that is a significant variable.
Take Fort Knox and Fort Campbell out of Mitch McConnell's home state economy and see what happens to the state's GDP.... you'll unemploy over 150,000 people directly along with the fallout of all local businesses losing those consumers. Then take away Medicaid from the 650K people in Ky that use it and see how many hospitals go under. Then take away SNAP benefits from 1.2 million (fully 1/4 of the states population) and see what impact that has not only on their lives but the food retailers that sell to them too. Not to mention the bankruptcies and loan losses. I could go on.
In short, removing the surplus of Federal dollars in Kentucky would effectively turn it into an Appalachian version of Haiti overnight.
Red States whose majority populations subscribe to the ideology of "small government" and rejecting government handouts are the very states whose economies are most dependant upon those pillars (As my chart fully demonstrates).
And that is not objectionable in of itself....its just a fun fact to understand when you hear those states' leaders preach their Ayn Rand bullshit...or how fiscally responsible they are.
What else can I help with today?
