Nevada, another free market fairy state, is in worse shape.
Nevada a bigger loser than California in economic downturn
By Dale Kasler | Sacramento Bee
Posted on Thursday, July 1, 2010
The state with the ultra-friendly business climate has surpassed Michigan for the nation's highest unemployment rate: 14 percent. Its foreclosure rate is also the nation's highest.
What's more, Nevada's budget deficit is actually worse than California's, in percentage terms.
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