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#658924 - 01/31/11 10:19 AM How Does Washington Rate In Debt?
Rivrguy Offline
River Nutrients

Registered: 03/03/09
Posts: 4495
Loc: Somewhere on the planet,I hope
This is interesting ........... kinda. The link is to a ranking of state debt and how bad off they are. Take a guess as to where WA falls in line and then take a peek. It surprised me as I thought in the top 15 someplace with CA leading. Wrong!

http://www.thedailybeast.com/blogs-and-stories/2011-01-26/states-most-likely-to-go-bankrupt/?cid=topic:featured2

Well the link does not work. Do Daily Beast, hit US News, and you will see the article on state debt.


Edited by Rivrguy (01/31/11 10:31 AM)
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#658930 - 01/31/11 11:24 AM Re: How Does Washington Rate In Debt? [Re: Rivrguy]
Carcassman Offline
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Registered: 11/21/07
Posts: 7587
Loc: Olema,California,Planet Earth
But did you notice that the WA narrative talked about how the state just implemented a tax on candy and such that was going to bring in millions?

That suggests to me that the article is a bit dated.

I was surprised that WA ranked so "well"; i was sure we'd be in the Top 10, at least.

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#658933 - 01/31/11 11:29 AM Re: How Does Washington Rate In Debt? [Re: Carcassman]
Rivrguy Offline
River Nutrients

Registered: 03/03/09
Posts: 4495
Loc: Somewhere on the planet,I hope
I thought the same thing but it must of taken a while to do all 50 states. They most likely running of info a few months dated. Yeah team, it is probably worse! eek2


Edited by Rivrguy (01/31/11 11:32 AM)
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#658991 - 01/31/11 03:15 PM Re: How Does Washington Rate In Debt? [Re: Carcassman]
FleaFlickr02 Offline
River Nutrients

Registered: 10/28/09
Posts: 3339
Originally Posted By: Carcassman
But did you notice that the WA narrative talked about how the state just implemented a tax on candy and such that was going to bring in millions?

That suggests to me that the article is a bit dated.

I was surprised that WA ranked so "well"; i was sure we'd be in the Top 10, at least.


Even if left in place, I don't think the candy tax would have generated anywhere near the revenue they were projecting. We're probably not hugely worse off now than we were at the time the article was written. That said, for the condition we are in not to qualify us for a spot in the top 15 or so says a lot about just how bad things are everywhere.

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