"It's that time of the year again when we find out how deep in the red our country is thanks to the 2018 edition of the Mercatus Center State Fiscal Rankings.
The study authors, Eileen Norcross and Olivia Gonzalez, find that when you rank states by their fiscal health, you can identify the best and worst state.
But the scariest finding is that no state is really fiscally healthy....Based on the most recent government data available for all states, this year, the top five most fiscally solvent states, from one to five, are Nebraska, South Dakota, Tennessee, Florida, and Oklahoma.
...The bottom five states in terms of fiscal solvency, from 46 to 50, are Kentucky, Massachusetts, New Jersey, Connecticut, and Illinois.
...I'd caution the healthier ranked states to temper their excitement.
That top ranking is a little like a kid bragging about getting the best grade in math when it's a C+ and the class average is closer to an F."
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