Florida is The Economy's Bitch
The Financial Times just released their rankings of how States are fairing in this economy, and guess which phallic shaped state is getting the shaft the worse? That's right, Florida! 51 out of 51 (even DC is doing better than us)!
The annual growth rate of personal income is only 3.4%, where as in the best State, Texas, it's up 5.8%. Employment growth rate is down -0.7%, 2.21% of all loans are in foreclosure, and the Annual Real Gross State Product has only grown 0.1% (as close to negative as any State gets).
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