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California is the next Greece!

Old 08-13-2012, 06:07 PM
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Post California is the next Greece!

Or is it?

Fun Fact: "During the 12 months ending in June, California added 279,000 workers to its payrolls -- 48,000 more than its closest competitor, Texas. In May, it was responsible for more than half of all new jobs in the country."
Source: BLS

Post Script Fun Fact: Florida saw the second-best improvement in YoY unemployment percentage, dropping 2.1%. Unfortunately, it improved to a still crappy 8.6% (better than CA, worse than TX) and I have not bothered to check the employment-population ratio.
Attached Thumbnails California is the next Greece!-cali_v_europe_gdp2-thumb-575x348-95641.png   California is the next Greece!-cali_v_europe_growth-thumb-568x368-95647.png   California is the next Greece!-cali_v_europe_unemployment2-thumb-575x353-95629.png   California is the next Greece!-cali_v_europe_debt_gdp-thumb-575x337-95621.png   California is the next Greece!-cali_v_europe_deficits-thumb-575x355-95624.png  

Last edited by Scrappy Jack; 08-13-2012 at 06:11 PM. Reason: Added more graphs as attachments
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