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Arkansas

sinkingfeeling

(53,356 posts)

4. This is the data from 2015.

Reply to Farmer-Rick (Reply #3)

Sat Aug 25, 2018, 12:10 PM

Aug 2018

37. Arkansas
> Debt per capita: $1,522 (5th lowest)
> 2015 Unemployment rate: 5.2% (tied-25th highest)
> Credit rating: Aa1/AA
> Poverty: 19.1% (4th highest)

With a median household income of $41,995 a year, Arkansas is the second least wealthy state in the country. Arkansas is also one of just a few states without any reserve coffers. Despite lower resident incomes and limited savings, Arkansas has managed to maintain a fairly balanced budget without amassing large debt. The state’s debt is equivalent to just 19.4% of total revenue, far less than the 48.7% average across

https://247wallst.com/special-report/2016/12/06/the-best-and-worst-run-states-in-america-2/9/

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State talks reducing top tax rate [View all] TexasTowelie Aug 2018 OP

So how are they going to pay their huge debt if they reduce revenue? Farmer-Rick Aug 2018 #1

That means there are only 9 states with a lower debt. sinkingfeeling Aug 2018 #2

No, the data I was looking at had Alabama at the bottom with the next state down having even more Farmer-Rick Aug 2018 #3

This is the data from 2015. sinkingfeeling Aug 2018 #4

Yeah, I saw that. Farmer-Rick Aug 2018 #5