The Bottom 5 States in Fiscal Condition, New Jersey, Connecticut, Illinois, Massachusetts, California

Mish's Global Economic Trend Analysis: Bottom 5 States in Fiscal Condition: New Jersey, Connecticut, Illinois, Massachusetts, California: "In terms of long-term solvency (the most critical issue), New Jersey and Illinois are at the bottom of the heap. Pension plans and union activism are to blame. All five states at the bottom of the list have one thing in common: they got that way via "progressive" extreme-liberal politics, fueled by union activism, and promises that cannot possibly be met." (read more at link above)

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