Vermont ranked as one of the ‘Best Run’ states in America

first_imgVermont was recently named one of the best run states in the nation according to an analysis by the website 24/7 Wall St.  The report considered fiscal data, such as GDP per capita, debt per capita and credit rating, as well as indicators of individual wellbeing.  Vermont was number 4; Wyoming, North Dakota and Iowa were 1,2,3.“I am not surprised that Vermont is consistently recognized for being well run,” said Governor Jim Douglas.  “We’ve worked hard to improve our fiscal outlook and increase the economic security of Vermonters.  From helping more Vermonters access to high quality, affordable health care to ensuring that our bond rating is strong and our budgets balanced, I’m proud of what we’ve accomplished for the people of Vermont.”The relative health of the Vermont economy and that of state government have been noted in other recent surveys.  For example, a recent Associated Press analysis, which accounted for bankruptcy rates, foreclosure rates and unemployment, ranked Vermont as the 4th least “stressed” state in the nation.“While I am thankful that we have fared relatively well, individuals, families and businesses across our state are still struggling as a result of the Great Recession,” Governor Douglas added.  “We must do more to make our economy more competitive, create jobs and protect our communities.  We need to build on our strengthens, as highlighted in these recent reports, but also address our weaknesses, like tax and regulatory structures that put employers at a competitive disadvantage.”According the 24/7 Wall St: “Vermont, the second smallest state in the nation, has the third smallest debt, due in part to its tendency to budget conservatively.  The state also boasts the third smallest percentage of people without health insurance and the second lowest rate of violent crime.”To read the full report, “The Best and Worst Run States In America: A Survey of All Fifty,” visit: http://247wallst.com/2010/10/04/the-best-and-worst-run-states-in-america…(link is external)Source: Governor’s office. 10.5.2010last_img


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