Study: Ga. 17th-worst-run state
Georgia is the seventeenth-worst-run state in the country according to a new national index that weighs economic indicators and government services to quantify measures of sound management.
“To determine how well–or how poorly–a state is run, 24/7 Wall St. weighed each state’s financial health based on factors including credit score and debt,” the study’s authors wrote. “We also evaluated how a state uses its resources to provide its residents with high living standards, reviewing dimensions such as health insurance, employment rate, low crime and a good education.”
The report praised Georgia’s “conservative fiscal management” for notching pristine credit ratings from both major credit-rating firms but dinged the state for a poor median household income, high unemployment and soft housing market.
The state ranked 34 of 50. Utah registered as the best-run state while California was dead-last for the second year in a row.
– James Richardson