robertneches: Anti-Austerity March In Rome Sees Thousands Protest Education Spending Cuts

States Doing The Most To Spread The Wealth

10. California

Average pension benefits: $24,398 (8th highest) Total per pupil spending: $9,657 (22nd lowest) Medicaid payments per beneficiary: $3,367 (the lowest) Percentage of weekly wages covered by unemployment benefits: 30.3 percent (11th lowest) Number of months of TANF received: 42.4 (7th highest) Average TANF cash assistance per month: $537 (2nd highest) California provides a large amount of cash assistance to those in need. Recipients of Temporary Assistance for Needy Families in the state receive $537 per month -- the second largest amount in the country -- and for 42.4 months -- the 7th most months. California residents have one of the highest tax burdens in the country. The state also has the seventh highest level of income inequality. <a href="http://247wallst.com/2011/11/11/the-states-doing-the-most-and-least-to-spread-the-wealth/#ixzz1dQudWaHL" target="_hplink">Read more at 24/7 Wall St. </a>

9. Minnesota

Average pension benefits: $16,304 (17th lowest) Total per pupil spending: $11,098 (15th highest) Medicaid payments per beneficiary: $8,435 (2nd highest) Percentage of weekly wages covered by unemployment benefits: 40.7 percent (12th highest) Number of months of TANF received: 40 (10th highest) Average TANF cash assistance per month: $348 (19th most) As of 2008, Medicaid enrollees in Minnesota received the second largest amount in benefits in the country. However, the state has cut outlay to the program as stated in the 2012-2013 budget, meaning the state's ranking in this category may soon change. Residents of the state have to pay a very large amount in taxes. The average citizen of Minnesota pays 10.3% of their income in state and local taxes, which is the seventh largest amount in the country. <a href="http://247wallst.com/2011/11/11/the-states-doing-the-most-and-least-to-spread-the-wealth/#ixzz1dQudWaHL" target="_hplink">Read more at 24/7 Wall St. </a>

8. Alaska

Average pension benefits: $18,632 (25th lowest) Total per pupil spending: $15,552 (3rd highest) Medicaid payments per beneficiary: $7,453 (6th highest) Percentage of weekly wages covered by unemployment benefits: 27 percent (5th lowest) Number of months of TANF received: 37.3 (14th highest) Average TANF cash assistance per month: $602 (the highest) Alaskans have the lowest tax burden in the country, paying just 6.3 percent of their income in state and local taxes. According to the Tax Foundation, "Before the Trans-Alaska pipeline was finished in 1977, taxpayers in Alaska bore the second-highest tax burden in the country. By 1980, with oil tax revenue pouring in, Alaska repealed its personal income tax and started sending out checks instead." The state also doesn't levy personal income tax or sales tax. Still, it manages to spend the third largest amount per pupil each year, provide the sixth largest amount in medicaid per beneficiary, and give the largest amount in monthly TANF assistance in the country. <a href="http://247wallst.com/2011/11/11/the-states-doing-the-most-and-least-to-spread-the-wealth/#ixzz1dQudWaHL" target="_hplink">Read more at 24/7 Wall St. </a>

7. Connecticut

Average pension benefits: $26,622 (4th highest) Total per pupil spending: $14,531 (6th highest) Medicaid payments per beneficiary: $7,442 (7th highest) Percentage of weekly wages covered by unemployment benefits: 29.2 percent (8th lowest) Number of months of TANF received: 26.7 (17th lowest) Average TANF cash assistance per month: $413 (11th highest) Connecticut has the highest per capita income in the country. Its residents also pay more than $5,000 a year on average in state and local taxes -- the highest amount in the U.S. As a result, residents have the third highest tax burden in the country. In return, Connecticuters receive above average benefits. State employees who receive their pensions through the Connecticut State Employees Retirement System have the fourth highest average pension benefits. Students have the sixth highest amount spent on them. The state also has the fourth highest cost of living, and the second highest rate of income inequality. <a href="http://247wallst.com/2011/11/11/the-states-doing-the-most-and-least-to-spread-the-wealth/#ixzz1dQudWaHL" target="_hplink">Read more at 24/7 Wall St. </a>

6. Hawaii

Average pension benefits: $22,680 (10th highest) Total per pupil spending: $12,400 (11th highest) Medicaid payments per beneficiary: $5,261 (21st lowest) Percentage of weekly wages covered by unemployment benefits: 54.3 percent (the highest) Number of months of TANF received: 46.7 (the highest) Average TANF cash assistance per month: $518 (3rd highest) Hawaii, on average, covers 54.3% of workers' previous weekly wages through unemployment benefits. This is the highest rate in the country. The state also provides, on average, the greatest number of months of TANF benefits, and the third highest average amount of cash assistance. Part of the reason for this is that Hawaii has -- by a substantial margin -- the highest cost of living in the country. The state also receives one of the largest amounts of federal funding per capita in the country. This is partly due to defense, but also because of its high rates of health and human services payments. <a href="http://247wallst.com/2011/11/11/the-states-doing-the-most-and-least-to-spread-the-wealth/#ixzz1dQudWaHL" target="_hplink">Read more at 24/7 Wall St. </a>

5. Pennsylvania

Average pension benefits: $20,662 (15th highest) Total per pupil spending: $12,512 (10th highest) Medicaid payments per beneficiary: $6,937 (11th highest) Percentage of weekly wages covered by unemployment benefits: 39.4 percent (17th highest) Number of months of TANF received: 42 (8th highest) Average TANF cash assistance per month: $322 (25th highest) Pennsylvania ranks high in a number of categories, but is not especially exceptional in any. It spends a large amount on education, health care, public pensions, and welfare. As a result, it has the tenth highest tax burden in the country, with residents spending an average of 10.1% of their income in state and local taxes. <a href="http://247wallst.com/2011/11/11/the-states-doing-the-most-and-least-to-spread-the-wealth/#ixzz1dQudWaHL" target="_hplink">Read more at 24/7 Wall St. </a>

4. New York

Average pension benefits: $17,459 (19th lowest) Total per pupil spending: $18,126 (the highest) Medicaid payments per beneficiary: $9,057 (the highest) Percentage of weekly wages covered by unemployment benefits: 26.9 percent (2nd lowest) Number of months of TANF received: 43.9 (4th highest) Average TANF cash assistance per month: $499 (6th highest) New York spends more than $18,100 per student on education each year, which is more than any other state in the nation. Approximately $12,500 of this is spent on teacher salaries and benefits alone. The state's medicaid payments per beneficiary of $9,057 is the largest in the country, and more than $600 than the state that spends the second most. New York has the absolute highest rate of income inequality in the country. It also has the second largest state and local tax burden, and the third highest cost of living. <a href="http://247wallst.com/2011/11/11/the-states-doing-the-most-and-least-to-spread-the-wealth/#ixzz1dQudWaHL" target="_hplink">Read more at 24/7 Wall St. </a>

3. New Jersey

Average pension benefits: $16,817 (18th lowest) Total per pupil spending: $16,271 (2nd highest) Medicaid payments per beneficiary: $7,985 (4th highest) Percentage of weekly wages covered by unemployment benefits: 37.2 percent (25th highest) Number of months of TANF received: 40.4 (9th highest) Average TANF cash assistance per month: $325 (21st highest) New Jersey residents have access to exceptional amounts of health care benefits. Medicaid beneficiaries receive the fourth largest amount in the country. And those who receive medicare benefits, which is solely the fiscal responsibility of the federal government, receive the third largest amount. New Jersey also spends the second largest amount on education on a per student basis. Only 4% of New Jersey's education budget derives from the federal government, with revenues split evenly between state and local governments. Unfortunately, New Jersey residents possess the largest tax burden in the country -- nearly twice that of Alaska. <a href="http://247wallst.com/2011/11/11/the-states-doing-the-most-and-least-to-spread-the-wealth/#ixzz1dQudWaHL" target="_hplink">Read more at 24/7 Wall St. </a>

2. Massachusetts

Average pension benefits: $25,596 (5th highest) Total per pupil spending: $14,118 (7th highest) Medicaid payments per beneficiary: $7,020 (10th highest) Percentage of weekly wages covered by unemployment benefits: 36.1 percent (22nd lowest) Number of months of TANF received: 36.2 (16th highest) Average TANF cash assistance per month: $500 (5th highest) Massachusetts has the third highest rate of income inequality in country. However, the states offers a number of above average benefits to address this issue. The state provides the fifth highest monthly amount in cash assistance for families enrolled in TANF in the country. The state also spends the seventh greatest amount on education, resulting in what many consider to be one of the best K-12 education systems in the country. Additionally, residents covered under the Massachusetts State Employees Retirement System receive the fifth highest amount in average benefits. <a href="http://247wallst.com/2011/11/11/the-states-doing-the-most-and-least-to-spread-the-wealth/#ixzz1dQudWaHL" target="_hplink">Read more at 24/7 Wall St. </a>

1. Rhode Island

Average pension benefits: $25,571 (6th highest) Total per pupil spending: $13,707 (8th highest) Medicaid payments per beneficiary: $8,208 (3rd highest) Percentage of weekly wages covered by unemployment benefits: 45.9 percent (2nd highest) Number of months of TANF received: 46.5 (2nd highest) Average TANF cash assistance per month: $417 (10th highest) Rhode Island performs exceptionally well in all of the "generous" state metrics. It provides Medicaid beneficiaries with the third largest amount in payments. It provides the unemployed with almost 46% of their previous weekly wages -- the second highest rate. Those receiving cash assistance through TANF, on average, can receive benefits for the second longest period among all states. Of course, taxes must be relatively high to fund these programs. The state has the fifth highest state-local tax burden in the country. <a href="http://247wallst.com/2011/11/11/the-states-doing-the-most-and-least-to-spread-the-wealth/#ixzz1dQudWaHL" target="_hplink">Read more at 24/7 Wall St. </a>

States Doing The Least To Spread The Wealth

10. Texas

Average pension benefits: $18,828 (25th highest) Total per pupil spending: $8,540 (9th lowest) Medicaid payments per beneficiary: $4,667 (10th lowest) Percentage of weekly wages covered by unemployment benefits: 36.0 percent (21st lowest) Number of months of TANF received: 30.3 (22nd lowest) Average TANF cash assistance per month: $195 (6th lowest) Texas provides among the lowest average amount in monthly cash assistance to families receiving TANF benefits. It has the tenth lowest amount in medicaid payments per beneficiary. It also spends the ninth lowest amount on education on a per pupil basis. Residents of the state have one of the lowest state and local tax burdens in the country, paying just 7.9 percent of their income. The state also has the fourth lowest cost of living in the nation. <a href="http://247wallst.com/2011/11/11/the-states-doing-the-most-and-least-to-spread-the-wealth/#ixzz1dQudWaHL" target="_hplink">Read more at 24/7 Wall St. </a>

9. Florida

Average pension benefits: $19,777 (19th highest) Total per pupil spending: $8,760 (14th lowest) Medicaid payments per beneficiary: $4,574 (6th lowest) Percentage of weekly wages covered by unemployment benefits: 29.5 percent (9th lowest) Number of months of TANF received: 21.8 (9th lowest) Average TANF cash assistance per month: $233 (13th lowest) Florida has one of the lowest per-beneficiary payout rates for Medicaid in the country. Conversely, it has one of the highest rates for Medicare, which aids those aged 65 years or older and is solely funded by the federal government. The state also provides relatively low unemployment benefits and TANF benefits. <a href="http://247wallst.com/2011/11/11/the-states-doing-the-most-and-least-to-spread-the-wealth/#ixzz1dQudWaHL" target="_hplink">Read more at 24/7 Wall St. </a>

8. Indiana

Average pension benefits: $8,837 (the lowest) Total per pupil spending: $9,369 (17th lowest) Medicaid payments per beneficiary: $5,136 (18th lowest) Percentage of weekly wages covered by unemployment benefits: 40.1 percent (13th highest) Number of months of TANF received: 24.8 (13th lowest) Average TANF cash assistance per month: $203 (8th lowest) The greatest detriment to Indiana's ranking is its pension system. The average benefits for a public servant enrolled in the Indiana Public Employees' Retirement Fund is $8,837, the lowest amount in the country. Although Indiana, unlike many states, strives to make its full pension payments each year, it keeps payments small. According to the New York Times, "An employee earning $30,000 a year retires after 25 years with an annual pension of less than $10,000." The state also provides a relatively low amount in average monthly cash assistance for TANF beneficiaries. The cost of living in Indiana is, however, relatively low. <a href="http://247wallst.com/2011/11/11/the-states-doing-the-most-and-least-to-spread-the-wealth/#ixzz1dQudWaHL" target="_hplink">Read more at 24/7 Wall St. </a>

7. South Carolina

Average pension benefits: $17,467 (19th lowest) Total per pupil spending: $9,277 (16th lowest) Medicaid payments per beneficiary: $4,658 (8th lowest) Percentage of weekly wages covered by unemployment benefits: 33.5 percent (16th lowest) Number of months of TANF received: 32.4 (20th highest) Average TANF cash assistance per month: $172 (4th lowest) South Carolina scores worse than average in every metric of generosity we looked at. The worst of these were Medicaid and cash assistance to the poor. South Carolina paid out just $4,658 per beneficiary last year for Medicaid, the eighth lowest amount in the U.S. Needy families received just $172 on average from TANF, the fourth lowest dollar amount in the country. <a href="http://247wallst.com/2011/11/11/the-states-doing-the-most-and-least-to-spread-the-wealth/#ixzz1dQudWaHL" target="_hplink">Read more at 24/7 Wall St. </a>

6. Arizona

Average pension benefits: $19,056 (23rd highest) Total per pupil spending: $7,813 (3rd lowest) Medicaid payments per beneficiary: $4,701 (14th lowest) Percentage of weekly wages covered by unemployment benefits: 26.2 percent (the lowest) Number of months of TANF received: 35.4 (18th highest) Average TANF cash assistance per month: $270 (18th lowest) Arizona's state and local tax burden is significantly lower than the national average. It also spends less than the national average in a number of areas. When it comes to education, the state spends the third lowest amount per pupil in the country. On top of this, the Arizona Senate recently cut $200 million from K-12 education. The state also covers the smallest amount of weekly wages for the unemployed. Additionally, the average weekly unemployment benefit is $213, the fourth lowest amount in the country. <a href="http://247wallst.com/2011/11/11/the-states-doing-the-most-and-least-to-spread-the-wealth/#ixzz1dQudWaHL" target="_hplink">Read more at 24/7 Wall St. </a>

5. Alabama

Average pension benefits: $19,098 (22nd highest) Total per pupil spending: $8,870 (15th lowest) Medicaid payments per beneficiary: $3,931 (2nd lowest) Percentage of weekly wages covered by unemployment benefits: 27.7 percent (6th lowest) Number of months of TANF received: 30.8 (25th lowest) Average TANF cash assistance per month: $197 (7th lowest) In Alabama, the average Medicaid beneficiary receives just $3,931 each year. This is the second lowest amount in the country. In contrast, New York pays more than double that, or $9,057 per patient. Acccording to the Missouri Economic Research and Information Center, the relative cost of health care in the state also happens to be the lowest in the country, lessening the need for public assistance in this area. The state also provides just $197 for the average needy family through TANF, the seventh-lowest payout in the U.S. <a href="http://247wallst.com/2011/11/11/the-states-doing-the-most-and-least-to-spread-the-wealth/#ixzz1dQudWaHL" target="_hplink">Read more at 24/7 Wall St. </a>

4. Oklahoma

Average pension benefits: $15,215 (13th lowest) Total per pupil spending: $7,885 (4th lowest) Medicaid payments per beneficiary: $4,666 (9th lowest) Percentage of weekly wages covered by unemployment benefits: 39.2 percent (21st highest) Number of months of TANF received: 27.4 (18th lowest) Average TANF cash assistance per month: $189 (5th lowest) Oklahoma spends the fourth smallest amount on education per pupil. It also pays the third least amount in employee benefits for those in the education system and the second least amount in teachers' salaries to the number of students in the state. In addition to this, Oklahoma pays the fifth lowest amount in average monthly cash payments for TANF recipients and the ninth lowest amount in medicaid benefits for those enrolled in the program. Perhaps not surprising, the state has the second lowest cost of living in the country. <a href="http://247wallst.com/2011/11/11/the-states-doing-the-most-and-least-to-spread-the-wealth/#ixzz1dQudWaHL" target="_hplink">Read more at 24/7 Wall St. </a>

3. Idaho

Average pension benefits: $16,088 (15th lowest) Total per pupil spending: $7,092 (2nd lowest) Medicaid payments per beneficiary: $5,685 (25th highest) Percentage of weekly wages covered by unemployment benefits: 39.3 percent (20th highest) Number of months of TANF received: 8 (the lowest) Average TANF cash assistance per month: $302 (22nd lowest) The state of Idaho spends just over $7,000 per pupil in a given year. This is the second lowest rank in the country. Idaho provides below average cash assistance through TANF, and recipients only average eight months of eligibility, by far the shortest period in the U.S. As measured by the Census Bureau's GINI coefficient, Idaho has the eighth best income equality in the country. <a href="http://247wallst.com/2011/11/11/the-states-doing-the-most-and-least-to-spread-the-wealth/#ixzz1dQudWaHL" target="_hplink">Read more at 24/7 Wall St. </a>

2. Tennessee

Average pension benefits: $13,145 (6th lowest) Total per pupil spending: $7,897 (5th lowest) Medicaid payments per beneficiary: $4,687 (12th lowest) Percentage of weekly wages covered by unemployment benefits: 28.9 percent (7th lowest) Number of months of TANF received: 38 (13th highest) Average TANF cash assistance per month: $167 (3rd lowest) Tennessee has the eleventh lowest per capita income in the country and state residents pay just $1,851 in taxes -- the second lowest amount in the U.S. in state and local taxes. This means the state has one of the lowest tax burdens in the country. The state spends relatively little on education, unemployment benefits, TANF welfare benefits, and pension benefits. But Tennessee also has the lowest cost of living in the country. <a href="http://247wallst.com/2011/11/11/the-states-doing-the-most-and-least-to-spread-the-wealth/#ixzz1dQudWaHL" target="_hplink">Read more at 24/7 Wall St. </a>

1. Arkansas

Average pension benefits: $12,009 (5th lowest) Total per pupil spending: $8,712 (11th lowest) Medicaid payments per beneficiary: $4,413 (4th lowest) Percentage of weekly wages covered by unemployment benefits: 41.1 percent (11th highest) Number of months of TANF received: 11.2 (2nd lowest) Average TANF cash assistance per month: $147 (the lowest) Arkansas has the second lowest median household income in the country, at just $38,571. Despite this, the state is one of the least generous, especially when it comes to assistance for the poor. The state gives just $147 per TANF recipient, the lowest in the country. And the average poor family receiving cash assistance is only eligible for 11.2 months, the second shortest period in the U.S. <a href="http://247wallst.com/2011/11/11/the-states-doing-the-most-and-least-to-spread-the-wealth/#ixzz1dQudWaHL" target="_hplink">Read more at 24/7 Wall St. </a>

Source: http://www.huffingtonpost.com/2012/11/24/anti-austerity-rome-march_n_2184165.html

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robertneches

Monday 26 November 2012

Anti-Austerity March In Rome Sees Thousands Protest Education Spending Cuts