IS YOUR STATE BROKE? CHECK OUT THE TOP TEN LIST

IS YOUR STATE BROKE? CHECK OUT THE TOP TEN LIST

TOP 10 BROKE STATES

  1. CALIFORNIA
  2. OKLAHOMA
  3. ARIZONA
  4. ILLINOIS
  5. HAWAII
  6. NEW JERSEY
  7. NEW YORK
  8. NEVADA
  9. COLOARAD
  10. MICHIGAN

This list was supplied by Diane Kennedy

I know the news has been focused on California for the past six months about their fiscal deficit. However, there are nine other states that have the same problem. However, they are not in news. The numbers do tell all. Personally, I live in Arizona. The state continues to go through fiscal struggles due to the real estate market being hit so bad. The real estate industry makes up forty percent of the overall state economy. Do you think they would diversify into other industries to spread the risk? A state's fiscal budget is their report card. We have ten states failing at this time. It will be a roller coaster for the next few years. Hold on tight! Be fiscally sound in your own personal business to ride out the storm. Do not expect any bailouts to help you.

What are your thoughts on this list? It would be great to receive feedback from people that live in these states.

 

 

Make the Call, Set the Plan, Do the Deal$!

Feel free to listen to my Radio Show to learn more about the phoenix real estate market, new trends, and the latest opportunities.  The Real Estate and Beyond Radio Show Airs every Saturday from Noon-2:00pm on Conservative Newstalk KKNT 960am in Phoenix, Arizona.  You can listent to past shows, or stream on-line.

 

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Comment balloon 16 commentsHarry F. D'Elia • January 03 2010 07:49AM
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