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Monday, November 26, 2012

Forbes: South Carolina Is A "Death Spiral" State

By • on November 26, 2012


PALMETTO STATE HAS NATION’S SIXTH-HIGHEST RATIO OF “TAKERS” TO “MAKERS”

“It’s a great day in South Carolina …” assuming you and your business are ready to enter a “death spiral.”

As the national economy teeters on the edge of another full-blown recession, the Palmetto State is looking increasingly like a bad bet for capital investment.  South Carolina is one of eleven “Death Spiral States” according to Forbes magazine, which ranks it sixth in the nation in terms of its ratio of “takers” to “makers.” Continued>>