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On top of these, a mountain of debt is growing but because it is off governments' balance sheets it has been so far ignored, one man who worries perhaps more than most, Albert Edwards from the global strategy team at Societe Generale, said. One of the world's most famous bears, Edwards is adamant the global economy and financial markets are not in a good place. "The global economy is critically ill. The fact that it has just risen from its sick-bed to perform a frenetic Irish jig is more a function of the financial morphine and steroids that have been pumped into its emaciated body than any miracle cure," he wrote in a recent piece of research.
The State of Wisconsin at the State-level has approximately $7.44 billion of the taxpayer's money it is not using, i. e. surpluses equal to $1,368 for every man, woman and child in Wisconsin or $5,471 for a family of 4. This does not include all the additional surpluses that exist in the school districts, cities, or counties in Wisconsin. The Exhibit A below shows the results of the FY 2003 review.
The State of New York at the State-level has approximately $52.56 billion of the taxpayer's money it is not using, i. e. surpluses equal to $2,723 for every man, woman and child in New York or $10,890 for a family of 4. This does not include all the additional surpluses that exist in the school districts, cities, or counties in New York. The Exhibit A below shows the results of the FY 2003 review.
The State of California at the State-level has approximately $59.83 billion of the taxpayer's money it is not using, i. e. surpluses equal to $1,695 for every man, woman and child in California or $6,779 for a family of 4. This does not include all the additional surpluses that exist in the school districts, cities, or counties in California. The Exhibit A below shows the results of the FY 2003 review.