A new ranking of all 50 states by US News & World Report has New Jersey in 49th place for fiscal stability. The fiscal stability rankings were based on states credit ratings, public pension liabilities, asset liquidity, and budget balancing. The methodology combined both long-term and short-term fiscal stability into it’s final rankings. Fiscal stability is a strong indicator of how a states economy will perform, as well as the ability of the government to follow through successfully on programs and projects, and for residents to have a high quality of life. New Jersey’s finances are infamous for it’s instability and politicians using them for their own personal gains, hence New Jersey’s low ranking.
The report was not all bad though. New Jersey’s education was ranked 2nd in the nation, 6th for health care, 6th for crime and corrections, 8th for opportunity, 13th for natural environment, 31st for economy, and 34th for infrastructure. The combined rankings have New Jersey in 12th place overall for best states in the US.
The top 10 states, in order, are Washington, New Hampshire, Minnesota, Utah, Vermont, Maryland, Virginia, Massachusetts, Nebraska, and Colorado. The worst ranked state in the nation was Louisiana.
There is a company in Lakewood called Fiscal care. Do they help with Fiscal responsibility?
Democrat Economics:
Spend money you don’t have
Spend money you don’t have
Spend money you don’t have
Complain you can’t balance the budget
Raise taxes on the people that still have jobs
Drive people out of the State because of High Taxes
Run out of Tax Payers, bankrupt the State, blame someone else for the mismanagement