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Old 11-28-2012, 09:55 AM
Danzig Danzig is offline
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Quote:
Originally Posted by GenuineRisk View Post
One of the many problems with this article is that it doesn't point out that these top five states get more money from the federal government than they pay. To wit:

North Dakota- gets $1.68 for every $1.00 it pays
Wyoming- gets $1.11 for every $1.00 it pays
Nebraska- gets $1.10 for every $1.00 it pays
Utah- gets $1.07 for every $1.00 it pays
Iowa- gets $1.10 for every $1.00 it pays

And the lowest states-

California- gets $0.78 back for every $1.00 it pays
Rhode Island- even ($1.00 for $1.00)
Illinois- $0.75 for every $1.00 it pays
Arizona- $1.19 for every $1.00 it pays
New Jersey- $0.61 for every $1.00 it pays

So all of the top five states are benefitting from free handouts from the US government to help them run themselves, while three of the bottom five have make do with considerably less money than they pay to the federal government. Basically, the top five states are trust fund kids, living off money someone else earned, yet shaking their heads about why the teeming masses can't handle their finances.

Not to mention- who wants to live in North Dakota?

Arizona, I guess, is the trust fund kid who somehow still ends up living on the streets. I don't know what Rhode Island's excuse is.

yeah, the revenue redistribution so many complain about.


as for cali, it has one of the largest economies in the world. if it were it's own country, it would be in the top 20. but also badly in debt, and horrible fraud in medical.
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