State debt per capita: $3,660 (21st highest)
Pct. without health insurance: 18.5 percent (8th highest)
Pct. below poverty line: 14.5 percent (tied for 21st highest)
Unemployment: 11.9 percent (2nd highest)
California has moved down one slot on from last year to earn the title of the worst-run state in the country. In the fiscal year 2009, the state spent $430 billion, roughly 14 percent of all the money spent by states in that year. Compared to its revenue, the state spent too much â€” California had the 10th lowest revenue per person, and spent the 15th most per person. California is the only state in the country to be rated A-, the lowest rating ever given to a state by SnP. Despite the huge amount the state spends each year, conditions remain poor. California has the second-lowest percentage of adults with a high school diploma in the country, the second-highest foreclosure rate and is tied for the second highest unemployment rate in the U.S."
"The states doing the most to spread the wealth
> Average pension benefits: $24,398 (8th highest)
> Total per pupil spending: $9,657 (22nd lowest)
> Medicaid payments per beneficiary: $3,367 (the lowest)
> Pct. of weekly wages covered by unemployment benefits: 30.3% (11th lowest)
> No. of months of TANF received: 42.4 (7th highest)
> Avg. TANF cash assistance per month: $537 (2nd highest)
California provides a large amount of cash assistance to those in need. Recipients of Temporary Assistance for Needy Families in the state receive $537 per month â€” the second largest amount in the country â€” and for 42.4 months â€” the 7th most months. California residents have one of the highest tax burdens in the country. The state also has the seventh highest level of income inequality."
This story contains 337 words.
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