Wednesday, November 11, 2009

Pew (both center and condition)


"Decisions these states make as they try to navigate the recession will play a role in how quickly the entire nation recovers." So says Susan Urahn of the Pew Center. The Pew Center issued a report on the finances of all 50 state but concentrated on nine including Arizona, Florida, Illinois, Michigan, Nevada, New Jersey, Oregon, Rhode Island and Wisconsin. They including California are about a third of the total US population

California's problems come from a variety of problems including poor money management and the economic downturn and foreclosures. But according to Pew they are not solved. California's foreclosure rate is lower than Florida, Arizona and Arizona. Our revenue drop is more than the US but less than Oregon, Michigan and New Jersey. Gee that really gives me comfort.

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