Study: Best-Run States Are Republican Controlled
By: Chris Pandolfo | June 01, 2016
 Mercatus Center | George Mason University
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The ten states with the best finances are all Republican controlled, according to a new study from the Mercatus Center, reports Investor’s Business Daily.
The report — “Ranking the States by Fiscal Condition” — used official government data to measure the states’ ability to pay short-term bills and meet longer-term obligations, such as public pensions or health care costs, using five separate measures.
Cash solvency, for example, measures a state’s ability to pay its immediate bills. Budget solvency measures whether states will end the year with a surplus or deficit. Long-run solvency looks at a state’s ability to meet long-term spending commitments. Service-level solvency measures a state’s ability to respond to a demand for increased spending. And trust fund solvency measures unfunded pension liabilities and state debt.
The top ten states?
Alaska, Nebraska, Wyoming, North Dakota, South Dakota, Florida, Utah, Oklahoma, Tennessee, and Montana.
These are all reliably red states, where the state government is in Republican hands. And the states that score lowest in the Mercatus Center’s report? You guessed it, they’re run by Democrats.
Connecticut, Massachusetts, New Jersey, Illinois, and Kentucky round out the bottom five and have been in solid Democratic control for years (Kentucky elected Republican Matt Bevin governor in 2015—only the third Republican governor in KY since World War II and the State House remains under Democratic control).
Clearly, conservative philosophy of lower government and fiscal responsibility gets results.
- See more at: https://www.conservativereview.com/commentary/2016/06/study-best-run-states-are-republican-controlled#sthash.KsrmSH22.dpuf |
