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04-27-2011, 03:31 PM
Kentucky's S&P rating of "AA-" as "extremely weak," which it said supported "our assessment that it is the worst-run state in the country."
It is true that Kentucky's credit rating is among the lowest of the 50 states.
However, that doesn't mean that "AA-" is an "extremely weak" rating. S&P defines an "AA" rating as indicating "(v)ery strong capacity to meet financial commitments." The minus sign indicates that Kentucky's rank is at the lower level of the "AA" rating.
http://www.courierpress.com/news/2010/oc...t/?print=1
I am curious of what people on the right and left think of this.
I am also curious if anyone is going to put a corrolation between Democratic Governor Steve Breshear and (4 yr term) and major Republican Senator David Williams (been there over 4 yrs), with any of this information.
I still want to point out that Phil Moffett might be our only hope for this state in the near future... thoughts?
It is true that Kentucky's credit rating is among the lowest of the 50 states.
However, that doesn't mean that "AA-" is an "extremely weak" rating. S&P defines an "AA" rating as indicating "(v)ery strong capacity to meet financial commitments." The minus sign indicates that Kentucky's rank is at the lower level of the "AA" rating.
http://www.courierpress.com/news/2010/oc...t/?print=1
I am curious of what people on the right and left think of this.
I am also curious if anyone is going to put a corrolation between Democratic Governor Steve Breshear and (4 yr term) and major Republican Senator David Williams (been there over 4 yrs), with any of this information.
I still want to point out that Phil Moffett might be our only hope for this state in the near future... thoughts?
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