Posts Tagged ‘state deficits’

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    When Is A “B” Bad?

    Jan 30, 11 • 247 Views • No Comments

    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. As you know, recently, credit ratings have...  [read more]

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    In A Good State

    Jan 24, 11 • 293 Views • No Comments

    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...  [read more]

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    More Deficit Dilemmas

    Jan 23, 11 • 258 Views • No Comments

    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 programs, most...  [read more]

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    State Dilemmas

    Jan 16, 11 • 287 Views • No Comments

    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 journalist explains...  [read more]

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    State Finance

    Dec 6, 10 • 281 Views • No Comments

    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, though, is not alone. Jon...  [read more]