Posted: Mon Jan 20, 2014 1:02 am
To be sure, the state's poor showing can hardly be pinned on Christie. He'd been in office just two years before the data used in the study were collected.
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For example, New Jersey's long-run solvency problems are "due in part to nearly 15 years of underfunding its state and local pensions," she noted.
The study also shows that Republican governors appear overall to do a better job running a sound fiscal ship than Democrats.
Of the top 10 most fiscally sound states, all but one — Montana — have a Republican governor. And Montana is generally a conservative state, having voted for the GOP candidate in each of the past five presidential elections.
Of the bottom 10, all but two — New Jersey and Pennsylvania — are run by Democratic governors and consistently vote Democratic.