Governor Kasich Explains How He Did It – Ohio Credit Rating Was Just Upgraded By S&P

[Neotrotsky]

Governor Kasich Explains How He Did It – Ohio Credit Rating Was Just Upgraded By S&P (Video)

t/p Gateway

Gov. John Kasich (R-OH) explains how Ohio turned its greatest fiscal shortfall into a structurally balanced budget, all while cutting taxes for every Ohioan. S&P recently upgraded Ohio’s credit rating.

[ame=http://www.youtube.com/watch?v=oK833DZBQfA]‪Gov. Kasich: How we did it‬‏ - YouTube[/ame]

 

[blastoff]

Sure to be included in AlGore's next updating of An Inconvenient Truth.

 

[Neotrotsky]

No doubt !

 

[uscitizen]

So a republican state was upgraded from a previous downgrade?
good for them, but they should not have let it go down in the first place.

I am glad they fixed what they did wrong in the first place.

 

[Neotrotsky]

So a republican state was upgraded from a previous downgrade?
good for them, but they should not have let it go down in the first place.

I am glad they fixed what they did wrong in the first place.

True
they had to repair all the damage
done by former governor Ted Strickland (D)

 

[mudwhistle]

So a republican state was upgraded from a previous downgrade?
good for them, but they should not have let it go down in the first place.

I am glad they fixed what they did wrong in the first place.

Sure it was the same people who broke it?

 

[Trajan]

Governor Kasich Explains How He Did It – Ohio Credit Rating Was Just Upgraded By S&P (Video)

t/p Gateway

Gov. John Kasich (R-OH) explains how Ohio turned its greatest fiscal shortfall into a structurally balanced budget, all while cutting taxes for every Ohioan. S&P recently upgraded Ohio’s credit rating.

‪Gov. Kasich: How we did it‬‏ - YouTube

Kasich, you POS!!!!! how dare you interfere in the flame out of the nanny state!!! I bet you got a tea bag in your closet!

 

[Neotrotsky]

Ted Strickland (D)
messed it up in the fours before him

Just like Papa Obama is doing to the US

 

[Soggy in NOLA]

So a republican state was upgraded from a previous downgrade?
good for them, but they should not have let it go down in the first place.

I am glad they fixed what they did wrong in the first place.

Actually, he fixed the mess left by Strickland (D).

Nice try though.

 

[USArmyRetired]

Sarah Palin did the same thing in Alaska. She had Alaska's credit upgraded after democrat Governor Tony Knowles was in charge.

 

[Trajan]

So a republican state was upgraded from a previous downgrade?
good for them, but they should not have let it go down in the first place.

I am glad they fixed what they did wrong in the first place.

hows that knee?

 

[Soggy in NOLA]

So a republican state was upgraded from a previous downgrade?
good for them, but they should not have let it go down in the first place.

I am glad they fixed what they did wrong in the first place.

hows that knee?

Yeah...

That one spends an inordinate amount of time removing her foot from her mouth.

 

[Jarhead]

Sarah Palin did the same thing in Alaska. She had Alaska's credit upgraded after democrat Governor Tony Knowles was in charge.

But...but....but.....thats impossible. She is an idiot and a mornon and she cares for the child of her husband and her daughter. And she doesnt know how to read and she has no idea where Africa is. She is clueless about the Bush Dotrine and we all know that everyone is well versed on the Bush Doctrine..

So what you say must be a lie.

 

[Dr.House]

So a republican state was upgraded from a previous downgrade?
good for them, but they should not have let it go down in the first place.

I am glad they fixed what they did wrong in the first place.

True
they had to repair all the damage
done by former governor Ted Strickland (D)

Oh SNAP!

pwned....

 

[kiwiman127]

Sarah Palin did the same thing in Alaska. She had Alaska's credit upgraded after democrat Governor Tony Knowles was in charge.

But...but....but.....thats impossible. She is an idiot and a mornon and she cares for the child of her husband and her daughter. And she doesnt know how to read and she has no idea where Africa is. She is clueless about the Bush Dotrine and we all know that everyone is well versed on the Bush Doctrine..

So what you say must be a lie.

Sarah Palin, as governor raised taxes which contributed to Alaska's upgrade.
=======================================

In light of Friday's decision by Standard and Poor's to downgrade the United States' credit rating to AA+, it's worth mentioning again -- as I first did in this Atlantic piece -- that Alaska recently had its bond rating raised to AAA for the first time in the state's history, largely due to fiscal improvements brought about by Sarah Palin while she was governor. The state currently enjoys a $12 billion budget surplus. I was reminded of this fact over the weekend by Ian Lazaren, the indefatigable supporter-cultist behind Conservatives4Palin.com.

This is unquestionably a good thing for the people of Alaska, just as the country's downgrade is a bad thing. The state enjoys lower borrowing costs as a result. But especially in light of the current dysfunction in Washington, it's important to understand why Alaska's fiscal situation improved: It was largely because Palin raised taxes. Specifically, the state oil tax. Her central achievement as governor was signing a law, Alaska's Clear and Equitable Share (ACES), that dramatically increased the state's share of oil profits just as oil prices began to take off. There's a direct line between increased revenue and improved fiscal health. (Alas, the good folks at Conservatives4Palin have posted a gloating item about Alaska's credit-rating that both attacks Obama for raising taxes and neglects to mention that Palin's own tax increase was the basis for the improvement.)
How Sarah Palin Got a AAA Credit Rating for Alaska - Joshua Green - Politics - The Atlantic
-------------------------------------------------------

Whoops!

 

[CrusaderFrank]

Kasich should be Palin's SecTres

 

[auditor0007]

Governor Kasich Explains How He Did It – Ohio Credit Rating Was Just Upgraded By S&P (Video)

t/p Gateway

Gov. John Kasich (R-OH) explains how Ohio turned its greatest fiscal shortfall into a structurally balanced budget, all while cutting taxes for every Ohioan. S&P recently upgraded Ohio’s credit rating.

‪Gov. Kasich: How we did it‬‏ - YouTube

And now for the real story:

Standard & Poor revises Ohio’s credit rating due to the Strickland surplus and 2010 economic recovery. Naturally, Kasich takes credit.

In other words, due to the Strickland surplus and the economic recovery that began in early 2010 (the one that Kasich during the campaign denied was significant), Ohio’s fiscal outlook is now stable. One of the biggest factors that lead to the change in outlook was the nearly a quarter of billion dollars placed into the “rainy day” fund from the Strickland surplus. This is hardly surprising news since Moody’s said back in April that putting money into the “rainy day” fund would result in a change of their rating for Ohio’s outlook.

Standard & Poor revises Ohio’s credit rating due to the Strickland surplus and 2010 economic recovery. Naturally, Kasich takes credit.

 

[blastoff]

Sarah Palin did the same thing in Alaska. She had Alaska's credit upgraded after democrat Governor Tony Knowles was in charge.

But...but....but.....thats impossible. She is an idiot and a mornon and she cares for the child of her husband and her daughter. And she doesnt know how to read and she has no idea where Africa is. She is clueless about the Bush Dotrine and we all know that everyone is well versed on the Bush Doctrine..

So what you say must be a lie.

All that's true, but she replaced a Republican governor. Beat him in the primary and then a former Dimocrat gov in the general election.

 

[kiwiman127]

Soo, on this thread we have Kasich getting credit for what the previous governor had done and Palin getting credit for upgrading Alaska's credit rating and she did it in part from raising taxes!!!!!
Hmmm !

 

[Neotrotsky]

Governor Kasich Explains How He Did It – Ohio Credit Rating Was Just Upgraded By S&P (Video)

t/p Gateway

Gov. John Kasich (R-OH) explains how Ohio turned its greatest fiscal shortfall into a structurally balanced budget, all while cutting taxes for every Ohioan. S&P recently upgraded Ohio’s credit rating.

‪Gov. Kasich: How we did it‬‏ - YouTube

And now for the real story:

Standard & Poor revises Ohio’s credit rating due to the Strickland surplus and 2010 economic recovery. Naturally, Kasich takes credit.

In other words, due to the Strickland surplus and the economic recovery that began in early 2010 (the one that Kasich during the campaign denied was significant), Ohio’s fiscal outlook is now stable. One of the biggest factors that lead to the change in outlook was the nearly a quarter of billion dollars placed into the “rainy day” fund from the Strickland surplus. This is hardly surprising news since Moody’s said back in April that putting money into the “rainy day” fund would result in a change of their rating for Ohio’s outlook.

Standard & Poor revises Ohio’s credit rating due to the Strickland surplus and 2010 economic recovery. Naturally, Kasich takes credit.

A far left source
sure it does not make them wrong automatically
just silly

Indeed the rest of the story
did they mention he raised taxes the prior year by $800 million.
400 million surplus what a surprise
Ignoring the 8-10 billion hole for the next year after the election

I suppose the more cynical among us would think
that he did that just to try and help himself in the general
election by trying to claim he a "surplus" and create the illusion
of some kind of legacy