Thursday, February 24, 2005
Ohio leads U.S. in bankruptcy climb
From Policy Matters Ohio comes one more piece of evidence that central Ohio Congresswoman Deborah Pryce is spewing crap about how well workers and the economy are doing in Ohio:
Bankruptcies climbed faster in Ohio than in any other state between 2000 and 2003, and reached their highest recorded rates in Ohio and the United States by the end of that period. . . By 2003, there were a record 5.5 personal bankruptcy filings for every 1,000 people living in the U.S., and 7.7 personal bankruptcy filings for every 1,000 people living in Ohio. . . Ohio's rate was eighth highest in the country and higher than all Midwestern states except Indiana's. Only Tennessee, Alabama, Utah, Georgia, Nevada, Indiana and Arkansas had higher bankruptcy rates than Ohio in 2003.