Economy Failed Republican Policies - Texas and Florida are the Two Most Financially Distressed States in the US

HomeCheese

Silver Belt
@Silver
Joined
Jul 27, 2004
Messages
11,353
Reaction score
7,076
Despite having the second and fourth largest economies in the US, Texas and Florida are the two most financially distressed states. It's funny how we see stories in the media about failed democratic policies when in reality it's the conservative states that are struggling the most.

I wonder why we don't see more stories about this? Do you think the voters in these states will ever wake up?



"But some states are struggling more than others. Florida is now one of the most financially stressed states in the country, second only to another Southern state, according to a new report by WalletHub, which defines financial distress as having credit in forbearance or deferring payments due to financial difficulty.

“When you combine data about people delaying payments with other metrics like bankruptcy filings and credit score changes, it paints a good picture of the overall economic trends of a state,” WalletHub analyst Chip Lupo said about the findings.

Here are the five states struggling the most and why people there are having such a tough time.

The top 5 financially distressed states​

Texas is the most financially distressed state in the country, followed by Florida, Louisiana, Nevada and South Carolina. The states that are best off? That honor goes to Hawaii, followed by Vermont, Alaska, Oregon and New Mexico."
 
Despite having the second and fourth largest economies in the US, Texas and Florida are the two most financially distressed states. It's funny how we see stories in the media about failed democratic policies when in reality it's the conservative states that are struggling the most.

I wonder why we don't see more stories about this? Do you think the voters in these states will ever wake up?



"But some states are struggling more than others. Florida is now one of the most financially stressed states in the country, second only to another Southern state, according to a new report by WalletHub, which defines financial distress as having credit in forbearance or deferring payments due to financial difficulty.

“When you combine data about people delaying payments with other metrics like bankruptcy filings and credit score changes, it paints a good picture of the overall economic trends of a state,” WalletHub analyst Chip Lupo said about the findings.

Here are the five states struggling the most and why people there are having such a tough time.

The top 5 financially distressed states​

Texas is the most financially distressed state in the country, followed by Florida, Louisiana, Nevada and South Carolina. The states that are best off? That honor goes to Hawaii, followed by Vermont, Alaska, Oregon and New Mexico."

This has Florida at 9 and Texas at 12 for fiscal stability. It even breaks it down into short and long term. Hmmmm
 
At least there aren't a bunch of shortsighted moron policies in place that kneecap the tourism industry! Thats what you call shrewd planning, boys
The tourism thing is frustrating, it's such a self inflected wound. Just not be an asshole, that's all it would have taken.

Trump's attitude is costing the country billions in tourism dollars.
 
I’m pretty sure those two states are amongst the top choices for folks moving within this country.

TS has some of the most objectively imbecilic perspectives on just about everything, but hey.. these threads are entertaining and good for a chuckle.
 
Given the size of those two economies that's not a flex at all.
It wasn’t a flex. More like, these surveys often seem to have flawed or incomplete criteria for drawing the conclusions they do. And it’s easy to find a similar one with completely inconsistent outcomes.
 
It wasn’t a flex. More like, these surveys often seem to have flawed or incomplete criteria for drawing the conclusions they do. And it’s easy to find a similar one with completely inconsistent outcomes.
It's not a survey.
 
I’m pretty sure those two states are amongst the top choices for folks moving within this country.

TS has some of the most objectively imbecilic perspectives on just about everything, but hey.. these threads are entertaining and good for a chuckle.
Did you read the article from Yahoo Finance? Do you disagree that Texas and Florida are the most financially distressed?
 
From Copilot if that means anything for you....

Yes, according to a 2025 report by WalletHub, Texas and Florida are currently the two most financially distressed states in the U.S..

Here’s a quick breakdown of why:

💸 Texas (Ranked #1)​

  • Low average credit scores — among the bottom ten nationally.
  • High bankruptcy filings — a 22% increase in non-business bankruptcies over the past year.
  • Accounts in distress — many Texans have credit accounts in forbearance or deferred payments.
  • Google search trends — high rates of searches for “debt” and “loans,” signaling widespread financial strain.

🌴 Florida (Ranked #2)​

  • Largest share of distressed accounts — more residents delaying payments than almost any other state.
  • Low credit scores — similar to Texas, many Floridians are struggling with credit health.
  • Bankruptcy rates — also notably high, contributing to its ranking.
Despite their strong economies on paper—Texas has a GDP larger than many countries—these rankings reflect the personal financial challenges many residents are facing.
 
Those metrics are generally the financial failings of individuals. Low credit scores and bankruptcy?

Unemployment, GDP, income, cost of living, are what you need to look at to decide whether policies are good or not, not people googling “debt”
 
The tourism thing is frustrating, it's such a self inflected wound. Just not be an asshole, that's all it would have taken.

Trump's attitude is costing the country billions in tourism dollars.
60,000 Canadians used to go spend money in Florida in winter, then de santis publicly mocked them in a speech, wise move there Ronnie..
 
Back
Top