Forbes study uses OpenTheBooks data
Does your state have more takers than makers? Check it out.William Baldwin | Forbes Economics JournalistEditor of Forbes Magazine (1999-2010)
WHICH ARE DEATH SPIRAL STATES?
By William Baldwin | Forbes | December 22, 2015
Read the article at Forbes click here
By William Baldwin | Forbes | December 22, 2015
Read the article at Forbes click here
William Baldwin scored each of the 50 States using his 'FeedMe' ratio: state clients (number of public pensions, public employees, and welfare recipients) vs. private sector workers (taxed to pay for it all).
Click here to visit the interactive map at Forbes. What's your state's FeedMe score? (There are six states score over 100 - which means there are more 'takers' than 'makers.')
FORBES INTERACTIVE MAP - features the FeedMe Ratio plus a
'Fast Fact' on state and local spending in each of the 50 States
from our online database at OpenTheBooks.com.
Sources: OpenTheBooks, Forbes
'Fast Fact' on state and local spending in each of the 50 States
from our online database at OpenTheBooks.com.
Sources: OpenTheBooks, Forbes
Here are samples of state FeedMe scores and OpenTheBooks facts:
Illinois - score 81.5: By 2017, at least 10,000 retired educators will be getting $100,000+ pensions.
New York - score 108.3: Ten Port Authority cops got $309,000 or more in pay in 2014. A librarian in Queens got $391,594, and an elevator mechanic supervisor for the city got $346,427.
California - score 114.3: In Newport Beach, lifeguard compensation ranges up to $211,912.
Florida - score 69.2: A City of Apopka manager got $510,296 in final year compensation and then started collecting two city pensions.
A score over 100 means that there are more 'takers' than 'makers.'
Click here to read William Baldwin's Forbes 50 State Study, 'Which are Death Spiral States?'
Illinois - score 81.5: By 2017, at least 10,000 retired educators will be getting $100,000+ pensions.
New York - score 108.3: Ten Port Authority cops got $309,000 or more in pay in 2014. A librarian in Queens got $391,594, and an elevator mechanic supervisor for the city got $346,427.
California - score 114.3: In Newport Beach, lifeguard compensation ranges up to $211,912.
Florida - score 69.2: A City of Apopka manager got $510,296 in final year compensation and then started collecting two city pensions.
A score over 100 means that there are more 'takers' than 'makers.'
Click here to read William Baldwin's Forbes 50 State Study, 'Which are Death Spiral States?'
Across America, we investigated state and local spending captured within our database at OpenTheBooks.com. Then, we provided the 'fast fact' for each of the 50 States.
What did we miss? Search our state-by-state data at OpenTheBooks.com, or use our mobile app, Open The Books. It's free in the App Store and Google Play store.
Please let us know what you find by responding to this email.
Check out your state. Click here to read William Baldwin's Forbes 50 State Study, 'Which are Death Spiral States?'
Stay tuned. OpenTheBooks has more cool stuff coming in early 2016!
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