Forbes magazine has analyzed the financial condition of states and found the five in the worst condition and eight of the ten in the worst condition are blue states. Why? The answer is unions and social programs.
The Washington Examiner reported:
Forbes magazine has completed a comprehensive look at "The Global Debt Bomb" and in the course of compiling the results found this very interesting tidbit:
"The five states in the worst financial condition--Illinois, New York, Connecticut, California and New Jersey--are all among the bluest of blue states. The five most fiscally fit states are more of a mix. Three--Utah, Nebraska and Texas--boast Republican majorities and two--New Hampshire and Virginia--skew Democratic."