4 ms·
Ask HN: Any good podcast or blog on the US states that always run a deficit?
- janandonly 4y agoI’m asking because I, as a European, wonder how one country made of of many states manages to have no (recent) civil wars but somehow has a bunch of states that (apparently?) always run a definite and still have one currency union that hasn’t gone busy just yet. If there are any good podcasts or blogs on this subject I would be very grateful for those.
- uberman 4y agoAlmost every state has at least an A credit rating. The only one that does not is smack in the middle of the country and not typically thought of as a hot bed of rebellion.
- abhinavkulkarni 4y agoYou may want to read through blog of Lyn Alden: https://www.lynalden.com https://www.lynalden.com. She has good explanation of why US always runs deficit.