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After Connecticut, Massachusetts ranks second in per capita debt, with $3, 372 per resident.
He said Connecticut has the highest per capita debt in the nation, about $4,000 for every resident.
Per capita debt balances are staggering, as well — and for many consumers, the assets underpinning these obligations have collapsed.
By comparison, per capita debt was $3,600 in Chicago, $1,700 in Los Angeles and $1,400 in Boston.
The state ranked second to Massachusetts in per capita debt in 2002, Ms. Johnson said, and third in debt as a percentage of personal income.
Ms. Smith added, "As governor, Mitt Romney's record was one of dismal job creation, outsourcing, increased spending and the highest per capita debt in the nation.
Similar(37)
Those countries also have far lower per-capita debt levels.
This amount is alarming most Americans (although the per-capita debt is still far below half that of 1946), and a "Bipartisan Budget Appeal" has called on the President and Congress to take major action to reduce the deficit.
She's what passes for a success these days, but Connecticut is a mess, too, near the top in per-capita debt with dead-in-the-water job creation even before this recession, and its own budget nightmares and legislative dysfunction.
At a press reception at the governor's residence on Wednesday morning, Mr. Malloy said he had inherited one of the nation's worst budget messes, with an estimated deficit of at least $3.2 billion and the highest rate of per-capita debt in the country.
Illinois is in the worst financial condition, with per-capita debt of $1,877 and unfunded pensions of $17,230.
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