Minnesota Upgraded to AAA by Fitch Ratings

[geardaddy]

Upgrade restores top rating for Minnesota, reflecting growing economy and fiscal responsibility

ST. PAUL, MN – Top financial analyst Fitch Ratings announced today that they are upgrading Minnesota’s credit rating to AAA, the highest rating awarded by the analyst. Fitch Ratings had previously downgraded Minnesota’s rating to AA+ in 2011, reflecting years of financial instability in the state.

The following is a statement from Governor Mark Dayton:

"This upgrade, to Fitch’s top credit rating, is a testament to the hardworking Minnesotans and businesses across our state who have led our economic recovery, and to the work our state has done over the past six years to right the fiscal ship."

The following is a statement from Lt. Governor Tina Smith:

“Everyone does better when our state’s economy is on solid ground. Businesses have the certainty they need to expand operations and hire more workers. Minnesota families have better access to good jobs, affordable housing, and the peace of mind they need to invest in their family’s future. This top rating by Fitch is a testament to the fiscal responsibility that has been our guiding light from the beginning of our term. Now we need to keep working, so our economy works for everyone, everywhere in Minnesota, not just those at the top.”

http://mn.gov/governor/newsroom/?id=1055-250710

[tonyt53]

1. What? How can that be? That is a Democrat governor. Everybody knows they are job killers.

[geardaddy]

2. LOL

Exactly. I can't tell you how many Goopers hate Dayton and say he's driving away big business.

Whatever, Goopiots.

[Gidney N Cloyd]

3. Are you listening, folks in Kansas and Wisconsin? Are you listening IL Gov Rauner?

Put your Koch Bros' magic economic alchemy kits away now before anyone else gets hurt.

[NickB79]

4. Driving across the MN/Wisc. border 3 years ago was like going through a wormhole

On one side (the Twin Cities, MN), everything was clean, modern, well-maintained. Relatively good roads, lots of businesses, lots of vibrant communities.

Go 20 minutes into Wisconsin, and you started finding decrepit, run-down towns and an overwhelming sense of sadness. Oh, and signs and billboards everywhere proclaiming the wonder that is Scott Walker.

It was only a weekend trip to a friend's cabin for a bachelor party, but I was ready to get the hell back to Minnesota when that was over. I haven't been back since.

[Salviati]

5. Another few years of Walker...

... And it will probably feel like crossing from South to North Korea...