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Republicans Control Best-Run States in America, 24/7 Wall St. Survey Shows


The annual Best and Worst Run States in America survey by 24/7 Wall St. came out today, revealing that the top 5 states are led by Republicans while the bottom five are dominated by Democrats.

The list is based on a review of data for financial health, standard of living and government services. While noting that current situations may stem from decisions made years ago and that external factors like weather can be as much to blame as poor governance, 24/7 Wall St. also points out that all of the high-ranking states have “well-managed budgets” and the worst states have “high debt relative to both income and expenditure.”

Here’s how it breaks down at the top and bottom of the list cross-referenced with details on party control based on this map from Americans for Tax Reform:

HE TOP 5 STATES:

1.  North Dakota

Governor: Jack Dalrymple, Republican

State Senate: Republican control

State House of Representatives: Republican control

> Debt per capita: $3,282 (22nd lowest)

> Budget deficit: None

> Unemployment: 3.5% (the lowest)

> Median household income: $51,704 (20th highest)

> Pct. below poverty line: 12.2% (13th lowest)

2. Wyoming

 Governor: Matt Mead, Republican

State Senate: Republican control

State House of Representatives: Republican control

> Debt per capita: $2,694 (18th lowest)

> Budget deficit: 10.3% (32nd largest)

> Unemployment: 6.0% (7th lowest)

> Median household income: $56,322 (13th highest)

3. Nebraska

Governor: Dave Heineman, Republican

State Legislature: Republican control

> Debt per capita: $1,279 (2nd lowest)

> Budget deficit: 9.7% (34th largest)

> Unemployment: 4.4% (2nd lowest)

> Median household income: $50,296 (22nd highest)

> Pct. below poverty line: 13.1% (tied-15th lowest)

4. Utah

Governor: Gary Herbert, Republican

State Senate: Republican control

State House of Representatives: Republican control

> Debt per capita: $2,356 (15th lowest)

> Budget deficit: 14.7% (25th largest)

> Unemployment: 6.7% (tied-11th lowest)

> Median household income: $55,869 (14th highest)

> Pct. below poverty line: 13.5% (tied-17th lowest)

5. Iowa

Governor: Terry Branstad, Republican

State Senate: Republican control

State House of Representatives: Republican control

> Debt per capita: $1,690 (7th lowest)

> Budget deficit: 20.3% (18th largest)

> Unemployment: 5.9% (6th lowest)

> Median household income: $49,427 (24th highest)

> Pct. below poverty line: 12.8% (14th lowest)

via Republicans Control Best-Run States in America, 24/7 Wall St. Survey Shows | TheBlaze.com.

via Republicans Control Best-Run States in America, 24/7 Wall St. Survey Shows | TheBlaze.com.

 

Mater hospital faces deficit of up to €19m as doctor overtime targeted –


The Mater hospital in Dublin is understood to be facing a financial deficit which, in the “worst-case scenario”, could reach €19 million this year.

The hospital has introduced a number of cost-saving measures and is in talks with the Health Service Executive (HSE) about reimbursements which, if obtained, could see the overrun reduced to €8 million or €9 million, according to informed sources.

A confidential briefing note given to consultants in recent weeks said the Mater was facing a “serious deficit” for 2012. It said about half of the deficit “pertains to items which should be addressed through HSE reimbursements”.

It is understood that the largest element of the “reimbursements” referred to in the note relate to reductions made to the hospital’s budget earlier this year on the basis that the Government would introduce legislation to allow it charge for all private patients treated in public beds. This legislation was not put in place.

The note pointed out that the hospital’s annual allocation from the HSE had been cut by nearly €50 million over the past four years – down from about €250 million to €197 million.

Sources said that at the same time the number of patients increased by about 10 per cent.

The note said that as part of the cuts to be introduced, unrostered overtime for nonconsultant doctors would be restricted to one hour per day or five hours per week.

The note said it was agreed that such cutbacks in unrostered overtime would have an implication for service.

“It was agreed that the first area of cutbacks should be the number of patients attending outpatient clinics,” it said.

It also said a reduction in drug spending was required.

via Mater hospital faces deficit of up to €19m as doctor overtime targeted – The Irish Times – Tue, Nov 06, 2012.

via Mater hospital faces deficit of up to €19m as doctor overtime targeted – The Irish Times – Tue, Nov 06, 2012.

Austerity


If all the mosquitoes were to die off, how many frogs would die? The Same principle applies to our financial system. Our economy is just like an ecosystem; you remove a massive part, and all you can do is watch the dominoes fall. Shock therapy on a colossal scale hurts very badly. You need to transition slowly so that it isn’t an avalanche. What we have is a landslide into poverty and ignorance.

How many more austerity incisions must we suffer, which will  only further lay waste to our economy and do nothing to close their budget deficit. How long will it take, before people, realize “Hey, this doesn’t work.” In every single country subject to Austerity, growth has come in below expectations and in almost all cases has resulted in negative growth.

The system as applied at present does not work and will not work now or in the future.

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