When Is A “B” Bad?

A state would not call a “B” a good grade. The grade is a credit rating that relates to a loan. Triple-A usually means not to worry. On the other hand, a “B” says you might not get paid back.…

In A Good State

We know it’s not New York or California. The bottom of the list also includes New Jersey, Arizona, Florida, Nevada and others. These are the states that, having mismanaged spending and taxing, are now facing tough fiscal decisions. Their finances…

More Deficit Dilemmas

We could say that what you solve depends on what you see. When told about ballooning state deficits, people first see big numbers. Their response? Let’s cut spending. According to polls, though, when asked yes or no about cutting specific…

State Dilemmas

Do higher taxes make you want to move? Hearing that taxes were going up in Illinois, the governor of Wisconsin said, “Escape to Wisconsin.” According to census figures, people do seem to be moving to no income tax states. One…

State Finance

Which state postponed a pension fund payment of $3.1 billion because of big budget problems and had a 2.4% decrease in its real GDP? (Still though, this state has the second highest median income.) The answer? New Jersey. New Jersey,…

State Deficits and Jaws Charts

As a prospective buyer, Daily Show reporter Jason Jones went to check out the Arizona State Capitol Building when he heard it was for sale for $735 million. Once sold, the capitol would then be leased back to the state…