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Current DateTime: 03:32:07 23 Feb 2012
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Expiration DateTime: 2/23/2012 3:33:56 AM

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Current DateTime: 03:32:07 23 Feb 2012
LinksList Documentid: 30328029

CNBC EXPLAINS


Current DateTime: 03:32:07 23 Feb 2012
LinksList Documentid: 44105194

The Most Socialist States in America

Published: Friday, 26 Nov 2010 | 1:47 PM ET
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By: Greg Bocquet, MainStreet

When the Democratic Party took over the presidency and both houses of Congress in 2008, conservatives were quick to warn their supporters of a coming era of socialism led by President Barack Obama.

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Indeed, that message was a constant in the debate over the health care reform bill as well as the Congressional midterm elections, when Tea Party conservatives made taxation a rallying cry for frustrated Americans.

As the narrative of the country’s purported move toward socialism persists, MainStreet decided to evaluate which states were the most and least socialist, to get a picture of how diverse the country is in how states manage their finances.

What is 'Socialist,' Anyway?

To evaluate the degree to which different states manifest socialist principles, we started from the core definition of socialism as a form of government in which the state owns the means of production and allocates resources to its citizens at its discretion.

In other words, a purely socialist state is one in which the state is responsible for 100% of economic output and spends all of it on social programs.

Since no part of the U.S. can be considered purely socialist, we measured total expenditures as a proportion of total economic output to compare the size of the public sector in each state. Using recently released 2009 state gross domestic product figures from the U.S. Bureau of Economic Analysis and total state expenditures for fiscal year 2009 from the most recent report of the National Association of State Budget Officers, we have come up with the 10 most socialist states in America.

Read on; the results may surprise you. (Or jump to — Alaska?!)



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