A check of the books, says we have fewer of these flowing into state coffers.
6:56 am on Sunday August 31, 2014
| References The Post and Courier
Six years on, South Carolina cash flow still hurting
Although the nation as a whole is seeing more tax dollars, a fiscal check of The Palmetto State shows that we're still beneath the pre-Great Recession mark for fiscal health — and that includes fewer jobs for 25- to 54-year-olds.
News comes out of a recent nation-wide study by the Pew Charitable Trusts.
The Post and Courier's Robert Behre offers some solid reporting on the ways we're suffering, in part:
The state's income has rebounded but still is 11.2 percent below its peak, when adjusted for inflation. The report's other numbers paint a mixed picture: South Carolina actually has among the highest reserves in the country, but like many other states, it faces challenges from pension and retiree health care liabilities that are not paid for.
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Also, the Palmetto State's employment rate among 25- to 54-year-olds - those most likely to work - still is below where it was seven years ago, and below the national average.
In a picture, here's how South Carolina (orange) compares to the national average (blue).
And you can dive into the data from the Pew Charitable Trusts here.
South Carolina is facing some difficult situation since some couple of years.In order to increase the South Carolina Cash flow ,the local government should take some effective initiative to bring some good result.This is how we can get the best essays for completing the assignment just in time.