I don’t know how I missed this the first time around — alcohol is suspected — but thanks to The Billy Pulpit, I’m all caught up (and so are you!):
Congratulations, Miami-Dade! You’re home to two of the five worst-run cities in the country.
The rankings come from 247WallSt.com which used a number of factors to determine the list. Gross metropolitan product, public debt, unemployment rates, violent crime, poverty, home prices, the number of insured people, graduation rates, credit ratings and foreclosures were all considered.
The two are Miami and Hialeah, of course. But the article notes that at least in Miami’s case, there’s some cause for celebration: Last year it finished numero uno. The details:
2. Miami, Fla.
- Population: 408,760
- Credit rating: A2, negative outlook
- Violent crime per 1,000 people: 11.98 (12th highest)
- Unemployment rate: 12.4% (17th highest)
Between 2007 and 2011, the median home value in Miami fell by 43.5%. Additionally, the city had one of the nation’s lowest median household incomes, at under $29,000, while 31% of residents lived below the poverty line — nearly twice the U.S. rate of 15.9%. Despite the difficult economic conditions Miamians faced, the city joined with Miami-Dade County to pay for almost 80% of the more-than $600 million cost of building a new baseball stadium for the Miami Marlins. The deal has caused significant uproar. While taxpayers pay extremely high costs to service the stadium debt, the team has traded many of its top players. In 2011, the SEC launched an investigation into the agreement.
Not mentioned: the school system, traffic management, and temperament of the population. The latter is too subjective, I guess, and after all, temperament isn’t entirely attributable to government.
If you want to feel better about this, consider the city’s consistency as a failed metropolis. Miami has been a laughingstock for as long as anybody can remember, a place where civic values are measured by the number of freight trains not stolen (yet) by its leaders. One set of boobs and criminals replaces another, but all share the same mission: loot the Treasury, beat the rap, and vanish from sight.
Exception: Joke Orollo, back to plague Doral. A new city! Virgin territory ripe for pillaging!
Ah, well. The weather is wonderful.