Thanks, Barry Ritholtz
The second-longest U.S. economic expansion has played out unevenly across states. Growth has been strongest in North Dakota and a group of mostly Western states and weakest in Connecticut, as measured by the rate of change in each state’s total personal income since the start of the Great Recession. In the first half of 2018, all but a couple of states shared in widespread gains.
The national recovery has been long-running, but growth in total U.S. personal income is still off its historic pace. As of the second quarter of 2018, the combined personal income of U.S. residents rose by the equivalent of 1.9 percent a year over the 10-plus years since the recession began, compared with the equivalent of 2.3 percent over the past 20 years, after accounting for inflation.
The rates represent the constant pace at which inflation-adjusted state personal income would need to grow each year to reach the most recent level and are one way of tracking a state’s economy.
RTFA, Check the map. Maybe even wander back through newspaper archives and check out what your state politicians said their “solutions” would provide. Versus what you ended up with. Like in supply-side Republican bastions like Kansas.
The Daily Beast examined a wide range of available data to rank the level of corruption in all 50 states. Each of the following data sets was weighted equally:
•Public corruption, 1998—2008: Convictions of elected and other public officials investigated by federal agents over an 11-year period, from the Department of Justice.
•Racketeering and Extortion, 1998—2008: Code for organized crime convictions, also investigated by federal agents over an 11-year period, from the Bureau of Justice Statistics.
•Forgery and Counterfeiting, 1999—2008: Arrest numbers for producing or distributing fake money and goods over a 10-year period, from the FBI.
•Fraud, 1999—2008: Arrests for false statements or documents produced for personal gain over a 10-year period, from the FBI.
•Embezzlement, 1999—2008: Arrests for surreptitious theft of money over a 10-year period, from the FBI.
By using a decade’s worth of federal data, we were able to minimize changes in local law enforcement efficacy, though some flaws remain: local cases go undocumented, and the FBI data is self-reported by local law enforcement. When combined, however, the data provides a fairly deep look into which jurisdictions are uncovering the most corruption. We leveled the playing field by calculating the numbers on a per-100,000 people basis.
So, uh, how did your state do?