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Is Your State Financially Screwed?
George Mason University’s Mercatus Center just released their annual “Ranking of States by Financial Condition” report.The report provides all Americans a chance to see how their respective state ranks in terms of financial condition.1
But as I’m about to show you, the report reveals more than that. More specifically, it reveals something you might want to consider next time you step into the voting booth…
When analyzing the results of the George Mason study, the difference in financial condition of blue and red states is not subtle. The chart that I’m about to show you captures the cash solvency of each state makes the difference shockingly clear.
Cash solvency is the ability to meet bills that are due in the next 30 to 60 days.
In other words, which states can each state meet its short term debt obligations?
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