Top Ten Fiscally Sound States are Republican, Bottom Ten Democrat

George Mason University's Mercatus Center recently published a study of each state government's fiscal soundness, finding that Republican-run states dominated the ranks.

George Mason University’s Mercatus Center recently published a study of each state government’s fiscal soundness, finding that Republican-run states dominated the ranks.

For quite some time, conservatives have claimed that Republican-run states are more fiscally healthy than Democratic states. Well, we’re about to have more ammo in our back pockets.

A recent study published by George Mason University’s Mercatus Center empirically proves that Republican-run states are, indeed, more fiscally sound than Democrat-run states.

Investor’s Business Daily reports:

The ten most financially sound states in the country are all heavily Republican, while all but one of the ten worst states are heavily Democratic. That’s according to a ranking of states in a new report from the Mercatus Center at George Mason University

The report — “Ranking the States by Fiscal Condition” — used official government data to measure the states’ ability to pay short-term bills and meet longer-term obligations, such as public pensions or health care costs, using five separate measures.

states fiscal soundness chart

The report also provides an overall ranking of the states. And while Mercatus makes no mention of the states’ political leanings, every state in the top 10 except for Florida is solidly red, meaning those states voted for the Republican in each of the past four presidential elections (see table). And Florida has had a Republican governor since 1999, and the state House and Senate are both controlled by Republicans.

While the bottom ten states are all Democratic except one, it should be noted that Kentucky has been run by Democrats for decades, and only recently elected Conservative Republican Matt Bevin to the Governorship. Aside from the anomalous election of 2003, there was consistently a Democratic governor in Kentucky since 1947. Its legislature has also been historically dominated by the Democrats as well.

Effectively, almost all the bottom ten states are Democrat-run, and strongly so.

This should come as no big surprise to conservatives everywhere. It’s rather sensical to avoid massive piles of debt and unsustainable welfare systems like many Democratic states have. Not to mention that many of these top ten states have little or no state income tax.

Alaska, Florida, South Dakota, Wyoming, and Tennessee are all top ten states that have no state income tax; hence, preventing the state government from establishing massive welfare systems that are designed to do little more than buy votes.

These states will have smaller budgets than more Democratic states, but they live within their means and don’t tax the population to the breaking point. Better for you in the short term, and better for your descendants in the long term. Because who wants to live in a state that is on a highway to implosion? Not conservatives, that’s for sure.

This study by the Mercatus Center provides conservatives with empirical evidence to show that fiscally conservative policies are the best policies. These states’ respective governments each live within their means. Just as a household must live within their means, so must a government.

The Republican-run states appear to understand this principles, while the Democratic states are way behind on the times. Come on guys; New York, Connecticut, California, Massachusetts, etc. get your act together and get on the right side of history!

Debt is the way of the past, the way of failures who amounted to little more than jailbirds. Republican governments seem to get this, and they have moved past the days of debt and into fiscal sanity. How long before any of the bottom Democratic states get some sense in their heads and follow suit?