Sep 4, 2011

How bad is your State's credit risk?

Barron's  has a great article this month on the state of our States' credit ratings. Whether you're an investor or not, it's worth a look to see how your own State fares in the "best" list and the "worst" list. After all, in the end the taxpayer will pick up the tab, and that's all of us one way or another.
Little Delware (the Blue Hen State) turns out to have the strongest credit position among all states. How do they do it, considering that they must spent gadzillions rebuilding the beaches every spring to keep the ocean from washing it away?
I very much like the layout of criteria for assessing a State's credit health. Hope this link to the article works. Good, Bad and Ugly. If not, go directly to Barron's and search for the article.

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