- Sep 2, 2008
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I don't know why you keep spamming the S&P thing Neo. It's funny you think they're relevant now considering they said if we don't raise the debt ceiling then they'll lower our credit rating to a D.
You ignored this part of your own link:
It remains to be seen whether the S&P rating will remain that in Ohio.
You ignored this part of your own link:
For Ohio, the rating was revised from "negative" to "stable" after Gov. John Kasich signed a new budget the ratings agency says will essentially balance the state's finances for the next two years. S&P also said Ohio is experiencing a modest economic recovery which has stabilized revenue.
The agency listed factors such as Ohio's unemployment rate has stabilized and fallen to 8.6 percent through May 2011 from a peak of 11 percent in March 2010. The also state experienced positive employment growth in 2010 and through the first quarter of 2011. However, it said employment remains well below its pre-recession peak.
It remains to be seen whether the S&P rating will remain that in Ohio.