Columbus ranked "Brokest City in America" - WTVM.com-Columbus, GA News Weather & Sports

Columbus ranked "Brokest City in America"

Posted: Updated:
  • NEWSMore>>

  • Boy, 1, drowns in West Point Lake

    Boy, 1, drowns in West Point Lake

    Tuesday, September 2 2014 5:07 AM EDT2014-09-02 09:07:06 GMT
    A baby is dead after drowning in a west Georgia lake this weekend. Troup County Sheriff's Officials say deputies were called to West Point Lake after a 911 call Sunday afternoon.More >>
    A baby is dead after drowning in a west Georgia lake this weekend. Troup County Sheriff's Officials say deputies were called to West Point Lake after a 911 call Sunday afternoon.More >>
  • Seale, AL residents enjoy return of Labor Day Fair

    Seale, AL residents enjoy return of Labor Day Fair

    Tuesday, September 2 2014 4:26 AM EDT2014-09-02 08:26:00 GMT
    Residents in east Alabama are rounding up the Labor Day celebration at one of the Alabama's oldest courthouses. The courthouse located in Seale, Ala. is the third oldest in the state. This is the first fair
    More >>
    Residents in east Alabama are rounding up the Labor Day celebration at one of the Alabama's oldest courthouses. The courthouse located in Seale, Ala. is the third oldest in the state. This is the first fair since 2010 when the fair restarted, and it originated in 1980 to raise money to refurbish the old courthouse after it began to deteriorate.More >>
  • Lee Co. Sheriff’s Office investigating murder, attempted murder cases

    Lee Co. Sheriff’s Office investigating murder, attempted murder cases

    Tuesday, September 2 2014 4:06 AM EDT2014-09-02 08:06:04 GMT
    On August 31 at about 11:33 p.m. CST, the Lee County Sheriff's Office received multiple 911 calls from subjects attending a poker party in reference to a shooting with at least two injured gunshot victims. More >>
    On August 31 at about 11:33 p.m. CST, the Lee County Sheriff's Office received multiple 911 calls from subjects attending a poker party in reference to a shooting with at least two injured gunshot victims. 

     
    More >>
COLUMBUS, GA (WTVM) -

As news spread Tuesday morning that Columbus was named  "The Brokest City in America" on The Daily Beast, we talked to people who say they see it every day.

Suzie Sironi told us, "I think it's dreadful and I'm a retired school teacher so people are struggling everywhere. People I know have had their own businesses and now their own businesses have gone bankrupt."

Peggy Jackson added, "I could see it happening with the economy the way it is now and people losing their jobs I can see it."

The article shows Columbus led the other cities in the U.S. because of a 9.8 % unemployment rate, A median household income of about $36,000, and an average personal debt of $28,000.

Rob Pitts with the Consumer Credit Counseling service said while he wasn't surprised to see the Fountain City on the list, he was surprised we were ranked first. He says,  "Their methodology gives equal weight to unemployment, income, and personal debt and in my mind those aren't equal."

Pitts says unemployment is by far the biggest factor to determine a city's financial well-being.

"You can have an income of  $15-$20,000 a year as long as you budget and live within your means, you're not broke. But if you're unemployed odds are you're going to be broke."

John McGlaun knows all too well the struggles of unemployment. "I'm trying to give my grandson a job and it's hard to find, I didn't realize how hard it was with trying to find getting a start." Peggy Jenkins says, "the job set for this area is a mill town so a lot of people have factory work experience but that's not what's coming into this area."

Copyright 2011 WTVM. All rights reserved. 

Powered by WorldNow

1909 Wynnton Road
Columbus, Ga. 31906

FCC Public File
publicfile@wtvm.com
706-494-5400
EEO Report
Closed Captioning

All content © Copyright 2000 - 2014 Worldnow and WTVM. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.