Best- and worst-run states in America: Which one is top rated?

The following was posted on the USA Today website December 11, 2017:

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  1.  Minnesota
    1. 2016 Unemployment:  3.9% (13th lowest)
    2. Pension funded ration:  78% (18th highest)
    3. Credit rating and outlook:  Aa1/Stable
    4. Poverty:  99% (6th lowest)

Ranked as the 10th best run state as recently as 2012, Minnesota has climbed steadily in the rankings in recent years and is now the best run state in the country.  A relatively wealthy state, Minnesota’s $65,599 median income nationwide.  With a strong tax base, the state brings in about $4,400 a year per resident in taxes, more than all but four other states.  In Minnesota, higher tax revenue means the government can save more.  The state has saved the equivalent of 10.3% of its annual spending in a rainy day fund — more than most states and greater than the 8.2% average across states.  Minnesota has a nearly perfect credit rating from Moody’s with a stable outlook.

View the link here.