Bending the Third Rail
Because We Should, We Can, We Do
Thursday, May 11, 2006
Deadbeats.
That's how Republicans see those who file for bankruptcy. Who are these people, really?

Average age: 38
44% of filers are couples
30% are women filing alone
26% are men filing alone
Slightly better educated than the general population
Two out of three have lost a job
Half have experienced a serious health problem
Fewer than 9% have not suffered a job loss, medical event or divorce
Highest bankruptcy rates: Tennessee, Utah, Georgia, Alabama*.

2,690,000 people filed bankruptcy in the year ended December 31, 2005.

*Note that 3 of the 4 are southern states, "Christian" states, "moral" states.