Friday, August 06, 2010
Map of the States' Debt
CNN has a depressing map which depicts the debt per capita per state. If one in lives in Massachusetts then their share of state debt is $4604 while the average Nebraskan only owes $15 dollars because of state overspending. (Hat tip: The Map Room)
The North Central states of Nebraska, Iowa, Wyoming, and South Dakota have the lowest levels of per capita debt. Historically these states have been criticized for having less services for their citizens; however, they are in less debt and will not have to take such drastic steps to avoid debt collapse like New Jersey currently is being forced to do.