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California Travel Tips

Welcome to California – Enjoy the Weather!

Published on: January 18, 2012

Biblical doomsayers picket California’s beaches and popular public places to warn that the end of Earthly existence is near. Is this the end in California? Perhaps citizens would feel less pessimistic in another state such as top ranked Wyoming, Utah or Florida! Those three states all have a S&P financial rating of 1 (the best) and seem to be weathering the economic downtown a little better than us — we rank the worst run state ever!  Oh well, enjoy the weather.  It’s the finest in the world!

When Standard & Poors state government credit ratings were compiled recently, the news for California was not so rosy.  California has moved down one slot from last year to earn the title of the worst-run state in the country. California is the only state in the country to be rated A-, the lowest rating ever given to a state by Standard & Poors!

California has the 2nd lowest percentage of adults with a high school diploma in the country. California has the 2nd highest foreclosure rate and is tied for the 2nd highest unemployment rate in the U.S.

In the fiscal year 2009, California spent $430 billion, roughly 14% of all the money spent by the other 49 states combined in that year. Compared to its revenue, the state spent too much. California had the 10th lowest revenue per person, and spent the 15th most per person. In January 2011 the California total debt was at least $265 billion. The state of California’s real unfunded state pension liability is more than $500 billion, nearly eight times greater than officially reported.

State State Credit Rank

  •  1 Delaware AAA
  •  1 Florida AAA
  •  1 Georgia AAA
  •  1 Indiana AAA
  •  1 Iowa AAA
  •  1 Maryland AAA
  •  1 Minnesota AAA
  •  1 Missouri AAA
  •  1 Nebraska AAA
  •  1 North Carolina AAA
  •  1 Utah AAA
  •  1 Virginia AAA
  •  1 Wyoming AAA
  •  14 Alaska AA+
  •  14 Idaho AA+
  •  14 Kansas AA+
  •  14 New Mexico AA+
  •  14 North Dakota AA+
  •  14 Ohio AA+
  •  14 Oklahoma AA+
  •  14 Oregon AA+
  •  14 South Carolina AA+
  •  14 South Dakota AA+
  •  14 Tennessee AA+
  •  14 Texas AA+
  •  14 Vermont AA+
  •  14 Washington AA+
  •  28 Arizona AA-
  •  28 Kentucky AA-
  •  28 Michigan AA-
  •  28 New Jersey AA-
  •  32 Alabama AA
  •  32 Arkansas AA
  •  32 Colorado AA
  •  32 Connecticut AA
  •  32 Hawaii AA
  •  32 Louisiana AA
  •  32 Maine AA
  •  32 Massachusetts AA
  •  32 Mississippi AA
  •  32 Montana AA
  •  32 Nevada AA
  •  32 New Hampshire AA
  •  32 New York AA
  •  32 Pennsylvania AA
  •  32 Rhode Island AA
  •  32 West Virginia AA
  •  32 Wisconsin AA
  •  49 Illinois A+
  •  50 California A-

Here are some other rankings in California:

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