Alabama > Debt per capita: $1,841 (8th lowest) > Budget deficit: - TopicsExpress

Alabama > Debt per capita: $1,841 (8th lowest) > Budget deficit: 12.3% (29th largest) > Unemployment: 9.0% (tied-18th highest) > Median household income: $41,415 (5th lowest) > Pct. below poverty line: 19.0% (tied-8th highest) In fiscal 2010, few states had lower debt per capita than Alabama’s $1,841. And while the state did face a budget shortfall in fiscal 2011, it was smaller than most states’, at just 12.3%. Because the state faces difficult times ahead, Alabama has approved the use of state trust funds to help support certain operations, such as Medicaid and prisons. Matters are especially bad in Alabama’s Jefferson County, which entered bankruptcy in November 2011 after losing money on complicated debt and interest rate contracts. Read more: The Best and Worst Run States in America: A Survey of All 50 - 24/7 Wall St. 247wallst/2012/11/27/the-best-and-worst-run-states-in-america-a-survey-of-all-50/#ixzz2VjSWtaiY

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