“States Doling Out the Best Benefits”: Guessez Vous Who Is Number One?
Ah, yes. Another week, another undesirable ranking. Rhode Island once again finds itself at or near the top of a category quite disadvantageous to the people who pay the bills.
Thanks to commenter ANTHONY for sharing a link under another post that sent me click-clicking around curiously until I happened across this 24/7 Wall Street analysis posted last week.
… If another recession is not avoided, the need for state assistance, like unemployment insurance and welfare, will grow. Yet not all states provide for their residents equally. Based on a 24/7 Wall St. review of key state entitlements, including unemployment benefits, Medicaid, welfare and education, we identified the states guaranteeing the best and worst benefits.
That’s right – cue the triumphant horns – Little Rhody tops the list.
1. Rhode Island
> Average [public] pension benefits: $34,577 (2nd highest)
> Total per pupil spending: $13,699 (9th highest)
> Medicaid payments per enrollee: $8,566 (4th highest)
> Pct. of weekly wages covered by unemployment benefits: 43.4% (2nd highest)
> No. of months of TANF received: 44.5 (6th highest)
> Avg. TANF cash assistance per month: $416 (14th highest)
Rhode Island does more to spread wealth among its residents than any other state. …