The State Budget Solutions website came out with a very useful chart on state debt yesterday. However they painted California as the poster-state for profligacy. They’re not but some other state clearly is.
Add a column for population and debt per person and you get this chart. Sort it and you get this chart with one state, with a debt burden of $32,013 per person. easily on top. Alaska ($30,404) and Hawaii ($28,533), off in their own worlds, are even lower. Only Connecticut ($27,540) of the contiguous US states is within 36% of their debt per person. California is about half at $16,230 per person.
Yet yesterday the governor of this debt-addicted state gave the keynote address at his political party’s convention:
This is how ‘we did it.’