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Old 08-14-2023, 07:48 AM
 
23,568 posts, read 18,661,418 times
Reputation: 10814

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Quote:
Originally Posted by TunedIn View Post
These are the folks that don't believe the state is losing population either.
And thought that Charlie Baker was the greatest governor in America.
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Old 08-14-2023, 08:04 AM
 
78,339 posts, read 60,527,398 times
Reputation: 49626
Quote:
Originally Posted by msRB311 View Post
Debt per capita is a poor choice of denominator but the purpose of the article is to draw clicks more than anything else.

The easiest way to look at debt trouble is to see which states have lower bond ratings as that is subject to rigorous financial review.

It's like a school teacher and a doctor both graduate but the doctor has twice as much student loan debt, which is worse off?

https://en.wikipedia.org/wiki/List_o..._credit_rating
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Old 08-14-2023, 08:12 AM
 
16,306 posts, read 8,126,207 times
Reputation: 11337
Default re

Quote:
Originally Posted by Mathguy View Post
Debt per capita is a poor choice of denominator but the purpose of the article is to draw clicks more than anything else.

The easiest way to look at debt trouble is to see which states have lower bond ratings as that is subject to rigorous financial review.

It's like a school teacher and a doctor both graduate but the doctor has twice as much student loan debt, which is worse off?

https://en.wikipedia.org/wiki/List_o..._credit_rating
Depends. Maybe the school teacher is married to a doctor with no debt.
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Old 08-14-2023, 08:30 AM
 
851 posts, read 416,141 times
Reputation: 852
Quote:
Originally Posted by Mathguy View Post
Debt per capita is a poor choice of denominator but the purpose of the article is to draw clicks more than anything else.

The easiest way to look at debt trouble is to see which states have lower bond ratings as that is subject to rigorous financial review.

It's like a school teacher and a doctor both graduate but the doctor has twice as much student loan debt, which is worse off?

https://en.wikipedia.org/wiki/List_o..._credit_rating
How come folks are leaving the light green states for the darker ones? Something about the color? Texas and Florida got some damn thrifty school teachers.
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Old 08-14-2023, 08:32 AM
 
851 posts, read 416,141 times
Reputation: 852
Quote:
Originally Posted by msRB311 View Post
Depends. Maybe the school teacher is married to a doctor with no debt.
Sometimes the doctor has a gambling problem. And the school teacher learned to live within her means. Which is worse off?
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Old 08-14-2023, 08:35 AM
 
913 posts, read 559,331 times
Reputation: 1622
NH is #8.
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Old 08-14-2023, 08:36 AM
 
16,306 posts, read 8,126,207 times
Reputation: 11337
People are again deflecting. The point is MA has a large amount of debt. Apparently since it's MA and people think life here is so grand that it could only be good debt.
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Old 08-14-2023, 08:43 AM
 
16,306 posts, read 8,126,207 times
Reputation: 11337
MA is very corrupt as far as politics go. People like to hide behind this fact by saying how educated and smart we are lol
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Old 08-14-2023, 09:44 AM
 
78,339 posts, read 60,527,398 times
Reputation: 49626
Quote:
Originally Posted by msRB311 View Post
People are again deflecting. The point is MA has a large amount of debt. Apparently since it's MA and people think life here is so grand that it could only be good debt.
I don't give 2 figs about MA one way or another, I'm just trying to show you how professionals and financial markets view debt which is relative to revenues\income which is not uniform by state per capita.

Just using debt per capita ignores the state revenues per capita, or worse just pretends they are the same for every state.

Again, I refer you and others to the moody's, fitch's etc. ratings. Just trying to provide information to a discussion.
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Old 08-14-2023, 09:50 AM
 
Location: Massachusetts & Hilton Head, SC
10,007 posts, read 15,647,185 times
Reputation: 8649
Quote:
Originally Posted by massnative71 View Post
And thought that Charlie Baker was the greatest governor in America.
We did have a large surplus, I wonder where it all went?
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