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24/7 Wall Street: 15 Worst-Run States in America

11. Florida

State debt per capita: $2,104 (11th lowest)
Pct. without health insurance: 21.3 percent (3rd highest)
Pct. below poverty line: 15.0 percent (16th highest)
Unemployment: 10.6 percent (tied for 5th highest)

Florida was hit hard by the housing crisis. Home values declined the third most-in the country between 2006 and 2010. In October, one in every 423 homes was foreclosed upon. The state spends very little relative to its budget, and so it maintains a low debt per capita and a AAA credit rating. However, its lack of expenditure on public welfare has not helped the state’s poor, unemployed and uninsured citizens. The state had the sixth highest unemployment rate in the country in September. Also, 21.3 percent of Florida’s population in 2010 was without health insurance, the third-highest rate in the country.

(AP Photo/Melissa Nelson)

More From 24/7 Wall Street:
The Most Generous States
Cities Where Violence is Soaring (And Plummeting)
Sodas That Have Lost Their Fizz

The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

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