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re: Louisiana has the lowest net worth in the nation. 4 of 5 lowest SEC states

Posted on 5/1/25 at 1:14 pm to
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
29579 posts
Posted on 5/1/25 at 1:14 pm to
quote:

How can someone in Colorado, where an outhouse sometimes is worth $1MM, have such a low net worth?


Assets-Liabilities

If I live in a house valued at $1MM, but I owe $900k on it, I have a low net worth. Elementary stuff
Posted by jizzle6609
Houston
Member since Jul 2009
14215 posts
Posted on 5/1/25 at 1:20 pm to
quote:

e such a low net worth? Thi


Debt
Posted by Obtuse1
Westside Bodymore Yo
Member since Sep 2016
28335 posts
Posted on 5/1/25 at 1:20 pm to
quote:

The south remains poor due to the war of yankee aggression and yankee organized reconstruction


Given SC, NC, and VA have a median net worth essentially 3 times that of LA, you might want to look elsewhere for the support of your victimhood.
Posted by neworleansnotsouthla
Mid-City
Member since Dec 2023
549 posts
Posted on 5/1/25 at 1:23 pm to
quote:

Louisiana has had: 9 Republican governors 48 Democratic governors Alabama has had: 6 Republican governors 48 Democratic governors Arkansas has had: 38 Democratic governors 9 Republican governors West Virginia has had: 19 Democrats 16 Republicans ?Mississippi has had: 55 Democrats 5 Republicans Dummy
How many were black?
Posted by Bottom9
Arsenal Til I Die
Member since Jul 2010
23860 posts
Posted on 5/1/25 at 1:24 pm to
quote:

5. Louisiana: $71,900



Posted by calcotron
Member since Nov 2007
9297 posts
Posted on 5/1/25 at 1:25 pm to
I'm surprised the bottom 5 aren't negative.
Posted by bayouteche
The Beaches of Wham Brake
Member since Nov 2012
1446 posts
Posted on 5/1/25 at 2:00 pm to
There’s a sh*t load of po’ folks in the MS Delta baw!
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