Florida is now one of the most financially stressed states in the country, second only to another Southern state, according to a new report by WalletHub, which defines financial distress as having credit in forbearance or deferring payments due to financial difficulty.

“When you combine data about people delaying payments with other metrics like bankruptcy filings and credit score changes, it paints a good picture of the overall economic trends of a state,” WalletHub analyst Chip Lupo said about the findings.

  • quid_pro_joe@infosec.pub
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    1 day ago

    I was born in the top 3 empoverished states, I live in another top 3, and whaddya know, my employer is based in the third. If I came across this article in the wild, I’d check the privacy settings on my browser thinking it’s a AI-generated Farticle (Fake Article) created from my own metadata. Unreal. But yet, it’s true. Last week I couldn’t pay for my 1 measly city college class, so I put it on the only credit card that isn’t maxed out. Most days I feel like that rubber toy from the 80’s Stretch Armstrong. Big smile and streeeeetch those finances!

  • finitebanjo@lemmy.world
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    2 days ago

    By average not by extremes. I think a few years ago a UN Special Report revealed startling examples of extreme poverty in several places in the USA.

    • AA5B@lemmy.world
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      1 day ago

      A couple of decades ago I was driving around New Mexico sightseeing and drove into a reservation. The poverty I saw hits really hard even now

      • Trainguyrom@reddthat.com
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        1 day ago

        A couple of years ago my wife was driving through New Mexico on a cross-country road trip (I had to fly due to another work trip bookending the vacation) and a truck fire forced a detour through Albuquerque, and she said the poverty she saw on the little bit of Albuquerque they drove through was insane. Described seeing presumably homeless people high out of their minds in the street, and other homeless people shooting up. And still others painfully sober and aware of their situation

        Housing insecurity truly exhibits itself very differently in different places. Where we live it’s not folks living in worn out tents or ramshackle shelters built from trash, but that doesn’t mean it doesn’t exist

  • rockettaco37@lemmy.world
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    2 days ago

    As somebody from Upstate NY, I can’t say I feel too bad for them. The south has been holding this country back for decades tbh…

  • MrSulu@lemmy.ml
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    2 days ago

    Brown people! They came illegally, stole all the jobs, and now they’ve taken the economy too. Those black people probably need to go to rebalance thelosses. Maybe the white Christian holyland needs to purge the Jews and other non beleivers too? [predicting the MAGA playlist based upon world history]

  • Phoenixz@lemmy.ca
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    3 days ago

    Geez, red states don’t make enough money and spend too much…

    Mmmmm, where are all these fiscally savvy Republicans who make sure that the common man can see their taxes spent responsibly?

    Oh yeah, that’s right, they’re all lying thieves who only entich themselves. The more Christian a politician claims themselves to be the bigger the thievery and lying. This says a lot about Florida and Texas.

    California pays the bills for just about every red state out there. Fuck these states, let them burn…

  • thatKamGuy@sh.itjust.works
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    3 days ago

    Alaska’s high rating could very well have something to do with the Permanent Dividend Fund that every resident receives.

    But honestly, this ranking does feel like just another way to keep the masses arguing amongst themselves over which political ideology or state is right; rather than focusing efforts on the ones at the very top sucking up all the wealth from the rest of us.

    • Azal@pawb.social
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      2 days ago

      Permanent Dividend Fund that every resident receives.

      Sounds awful socialist to me.

        • SkyezOpen@lemmy.world
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          2 days ago

          If we stop exporting our own oil and stop buying from the Saudis, I’ll fuckin take it at this point.

          • Fredthefishlord@lemmy.blahaj.zone
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            2 days ago

            I would love it if we did that. It would be a good starting step in cutting down oil if we weren’t exporting. Oil drilling is a scurge on the earth causing earthquakes, destroying habitats, and polluting water supplies. And that’s leaving aside the global warming!

    • ChickenLadyLovesLife@lemmy.world
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      3 days ago

      According to google, Alaska residents get about $1700 a year per person. That’s not nothing, but it’s hardly enough to guarantee financial solvency. It’s probably not even enough to offset the higher cost of living there.

      • porksnort@slrpnk.net
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        2 days ago

        If you have ever been low income, $1700 is enough to get your attention. You know where that money comes from and when you are low income, a sudden in flow of essentially an extra month and a half of salary for a rural person?

        Well, you’re paying attention to that. So maybe have some perspective about what that kind of money means to a person who has a shitty truck and a barely adequate house and spends months in it through a long winter.

        • Lyrl@lemmy.dbzer0.com
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          1 day ago

          I see so much argument around UBI with the assumption it has to be enough to live off or it’s worthless. But Alaska’s system makes a real difference to reducing the number of people living below poverty level, even being just a small fraction of what is required to live there for a year. https://onlinelibrary.wiley.com/doi/full/10.1002/pop4.398

          Although not designed as a social program to redistribute income, the Alaska Permanent Fund Dividend (PFD) has been reducing poverty by providing equal annual payments to nearly all state residents for over 40 years. …the PFD reduced the number of Alaskans with incomes below the US poverty threshold by 20%–40%… The effect of the PFD has been even larger for vulnerable populations. The PFD has reduced poverty rates of rural Indigenous Alaskans from 28% to less than 22%, and has played an important role in alleviating poverty among seniors and children… up to 50% more Alaska children—15% instead of 10%—would be living in poor families without PFD income. The poverty-ameliorating effects of the PFD have lessened somewhat since 2000, as dividend amounts adjusted for inflation have been declining.

          • Trainguyrom@reddthat.com
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            22 hours ago

            The expanded federal child tax credit during the pandemic also greatly reduced poverty, and that was just an extra couple thousand a year (paid monthly)

        • HubertManne@piefed.social
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          2 days ago

          you missed the higher cost of living remark. Cost of living there is only ever beaten out by hawaii, california, and new york. if your completely at 0 and on the streets then its going to make a big difference but if that person with the shitty truck and barely adequate house could pay less for most everything and might actually do better in alabama. Now granted without it the high cost of living would not be appreciably lower so its effect is massive just maybe not massive enough to make up for the cost of living there.

          • SkyezOpen@lemmy.world
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            2 days ago

            Yeah I’m pretty sure it costs more than 1700 just to keep your house a livable temperature throughout the year. Gamed fairly regularly with a dude in Alaska and he had to get heating oil like once a month and it was something like 300 bucks to fill if I remember correctly.

  • Formfiller@lemmy.world
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    3 days ago

    Blue states need to stop paying taxes. Taxation without representation no bueno. We can take the immigrants an ya’ll can have your theocratic dictatorship run by the imbecile pedo con man.

    • Azal@pawb.social
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      2 days ago

      Trouble is as long as this is together, the red states will continue to play just like the Confederates pre-Civil War.

      Notice Confederate states were/are all about “StAtEs RiGhTs”, and they broke off because evil Lincoln was gonna come use the federal government to take control… when before they were passing the fugitive slave acts where they could strongarm abolitionist states through the federal government to be forced to allow their people to hunt down runaway slaves (and go ahead and “accidentally” capture a few non-slave blacks).

      The red states will do this again, no matter what.

      • SabinStargem@lemmy.today
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        2 days ago

        Honestly, I expect the Blue States to break away from a Red Federal government. That said, unlike the Confederates, the Blue States will carry legitimacy with foreign nations and goodness in general. The odds of winning a straight fight aren’t bad, assuming that Trump doesn’t go nuclear*.

        *He will. The man doesn’t give a shit about human life beyond his own.

        • bradorsomething@ttrpg.network
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          2 days ago

          Trump is not intelligent but he is savvy, and he has put together a coalition where no one idiot can hold a majority like he can. People only rebel when they have to or when it’s strongly in their best interest. The second can’t occur if you don’t hold a strong core to rebel with.

        • Formfiller@lemmy.world
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          2 days ago

          But he is getting pretty senile maybe he will get 25thed. As hated as Vance is I doubt he will go nuclear but you never know….his handlers all have bunkers. I’m not religious but the pope dropping dead after meeting him is not a good omen 😂

    • gAlienLifeform@lemmy.world
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      3 days ago

      ya’ll can have your theocratic dictatorship

      Nope, give them that and they’ll use it as base of operations for perpetually harassing the rest of us because their politics don’t work unless they’re always on the attack, we have to actually deal with Republicans and neutralize their ability to harm us

      • prole@lemmy.blahaj.zone
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        2 days ago

        They will feed the people there constant propaganda about how their poverty and misery is the fault of California or New York, and people will be committing literal acts of terror behind it.

      • Formfiller@lemmy.world
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        3 days ago

        Fair point but it doesn’t seem like we’re going to neutralize anything at this point and it’s worrying

    • orclev@lemmy.world
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      3 days ago

      While it’s a nice sentiment it runs into the rather awkward problem that states don’t actually pay any taxes. People and businesses pay taxes, not states. Exactly who is going to protect the citizens of a state when the IRS comes down on them for not paying their federal taxes?

      • SabinStargem@lemmy.today
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        2 days ago

        Incentives. A $500 rebate to individual taxpayers, and threat of prison or shutdown for company managers who refuse. There are a lot fewer businesses than people, so they are easy to track and hassle. People, on the other hand, have hearts and minds, plus are numerous. The carrot is far better for them.

        Plus, California can introduce universal healthcare for citizens and taxpayers…then offer it to immigrant workers, who happen to be taxpayers that are threatened by ICE. That would incentivize these workers to get on board, they get to stick it to dickheads, AND get better lives in the process.

      • ronigami@lemmy.world
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        2 days ago

        Blue states make it illegal for citizens to pay their federal taxes with threat of prison. Simple.

        • Trainguyrom@reddthat.com
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          23 hours ago

          …you want a state to jail people for following the laws of the country that the state is a part of. You do realize that’s putting the entire state population into a catch-22 of having to decide whether or not to pay federal taxes and hope that this whole protest thing the state is doing doesn’t blow up in their face and leave every single person in the state with a bunch of debt that we all know is extremely bad debt to have (the IRS does not fuck around with unpaid taxes and folks who get into debt with the IRS tend to be stuck there for a long time) not to mention whatever retaliatory measures would probably be taken and implemented against the citizens of participating states

          In short, it’s a hell of a gambit and quite frankly requires a successful secession to have any hope of not royally fucking yourself over

        • JustAnotherPodunk@lemmy.world
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          3 days ago

          Ok. You first.

          That has always been the problem with the 2a crowd from either side. Momentum. The first few ten or hundred or thousand are considered crazy wildcards and psychopaths.

          Luigi may be a patron saint to a lot of people, but ain’t nobody stepping up without more momentum. And it never showed up.

          This isn’t any different, and that’s why it doesn’t work yet. Pay your taxes. Use the rest on things you support. Take that tax write off to give the gov a little less and donate to causes that are important. Get in arguments and talk politics at the bar and with your family, but put the guns away. It doesn’t help. So enough of it.

          Momentum is what’s important.

          • SabinStargem@lemmy.today
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            2 days ago

            It took about 16 months after John Brown before the 1st American Civil War started. I would say that Luigi is an indication of a pot coming to a boil.

            • JustAnotherPodunk@lemmy.world
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              2 days ago

              And momentum grew. You are right. But there are quite a few names lost to history that were a little too early or in the wrong place to be remembered. Not to mention, things didn’t work out too well for him or his followers after Harper’s ferry. Sure it was a catalyst, but it was one of the last major uprisings before the war. Not the first, and it is maybe just by chance that his uprising is the one we remember. We only have the fortune of hindsight to know that was a major pivotal moment.

              Who’s to say where in the timeline we are? That decision is decided long after events and who wins in the long term. But the inherent momentum, the zeitgeist, is still of upmost importance.

          • atzanteol@sh.itjust.works
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            3 days ago

            The first few ten or hundred or thousand are considered crazy wildcards and psychopaths.

            Because they are.