California has the highest paid teachers and the most lucrative pensions – pensions that often double or triple what the private sector offers – yet has the second lowest test scores in the nation. Such profligacy in the face of a recession is precisely what has earned California a ranking of 5th worst state in the Union according to the American Legislative Exchange Coucil’s (ALEC) third edition of “Rich States, Poor States.”
The guide, written by economist Arthur Laffer and Steve Moore, grades a state’s economic policies by looking at criteria like property tax burdens, sales tax burdens and minimum wage rate.
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