Study: Worst Run States Are Run By Democrats
by Matt Palumbo: The national debt is a ticking time bomb now topping $23.1 trillion – and that isn’t even the total debt that American taxpayers owe. Forty of the nation’s fifty states don’t have enough money to meet their obligations, with a total of $1.5 trillion in growing unfunded liabilities.
While most states are in hot water, the problem is worst in states with a Democrat governor alongside a Democrat controlled legislature. A new study from Truth in Accounting analyzed the fiscal health of the fifty states and and the trend was clear. The more Republican control, the better (and less-worse) fiscal health those states are in.
The worst run states and their unfunded liabilities per citizen, according to their “2019 Financial State of the States,” are:
The best states actually had a surplus per citizen. They are:
Every single other state with the exception of Oregon has a Republican governor and legislature. Nebraska is technically an exception in that they’re the only state with a unicameral legislature – but that is Republican controlled.
The next nine states on the list have relatively low levels of unfunded liabilities under $2,500 per citizen, and are majority Republican controlled (with Virginia as the only exception).
This all being said, the majority of states are still being mismanaged. Fortunately, there are ten other states they can model themselves after.
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Matt Palumbo (@MattPalumbo12) authored article on The Bongino Show.
Tags: Matt Palumbo, Truth in Accounty, Study, Worst Run States, Run By Democrats To share or post to your site, click on "Post Link". Please mention / link to the ARRA News Service and "Like" Facebook Page - Thanks!
While most states are in hot water, the problem is worst in states with a Democrat governor alongside a Democrat controlled legislature. A new study from Truth in Accounting analyzed the fiscal health of the fifty states and and the trend was clear. The more Republican control, the better (and less-worse) fiscal health those states are in.
The worst run states and their unfunded liabilities per citizen, according to their “2019 Financial State of the States,” are:
- Vermont, -$19,000
- New York, -$20,500
- California, -$21,800
- Kentucky, -$25,700
- Delaware, -$27,100
- Hawaii, -$31,200
- Massachusetts, -$31,200
- Connecticut, -$51,800
- Illinois, -$52,600
- New Jersey, -$65,100
The best states actually had a surplus per citizen. They are:
- Alaska, $74,200 per taxpayer
- North Dakota, $30,700
- Wyoming, $20,800
- Utah, $5,300
- Idaho, $2,900
- Tennessee, $2,800
- South Dakota, $2,800
- Nebraska, $2,000
- Oregon, $1,600
- Iowa, $700
Every single other state with the exception of Oregon has a Republican governor and legislature. Nebraska is technically an exception in that they’re the only state with a unicameral legislature – but that is Republican controlled.
The next nine states on the list have relatively low levels of unfunded liabilities under $2,500 per citizen, and are majority Republican controlled (with Virginia as the only exception).
This all being said, the majority of states are still being mismanaged. Fortunately, there are ten other states they can model themselves after.
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Matt Palumbo (@MattPalumbo12) authored article on The Bongino Show.
Tags: Matt Palumbo, Truth in Accounty, Study, Worst Run States, Run By Democrats To share or post to your site, click on "Post Link". Please mention / link to the ARRA News Service and "Like" Facebook Page - Thanks!
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