You know when stories like this come out, they never get the press they deserve. And this one deserves a lot, because the people of North Carolina can borrow at a lower rate and save money to help improve our state because the Democrats are fiscally responsible:
North Carolina again has the top-level credit rating from all three bond-rating agencies after Moody's Investors Service upgraded the state Friday.
The firm cited the state's rebounded economy, good fiscal management and the decision by lawmakers to replenish rainy-day reserve accounts as reason's for restoring the triple-A rating.
North Carolina is now just one of seven states to have the top government from all three agencies, according to a statement from State Treasurer Richard Moore.
This is not the sexy type of news, but it proves once again that competence pays and that clearly our local Democrats run a much better government than their Republican counterparts (e.g. $9 trillion in debt). Even the private bond markets agree that is good to have Democrats in power.