Submitted by Extreme_Qwerty t3_10msdtk in Pennsylvania
Hoppiness83 t1_j65ea3n wrote
Why post something from 4 years ago?
Extreme_Qwerty OP t1_j65k677 wrote
OK:
Pennsylvania 2022 unemployment rate: 3.9%
Pension funded ratio (2019): 58.0%
1 year GDP growth: 4.4%
Poverty rate: 12.2%
Moody's credit rating: Aa3 (AAA is the best)
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It's barely an improvement
TipsyTurtlZ t1_j67w4zt wrote
There’s 3.3 billion in the rainy day fund instead of 200k like when that was initially posted. And the unemployment rate has moved to match the federal level. They’ve also changed some of the tax law to help attract bigger companies to PA with bi-partisan legislation prior to COVID. Keep voting for politicians based on their platform and keep an eye out for people that say they want to address these issues, we got work to do but it’s on us to play our part and elect people to govern well too.
nttnypride t1_j6muwea wrote
The rainy day fund is $5 billion now; a record high. Thanks Governor Wolf!
https://www.abc27.com/local-news/pennsylvanias-rainy-day-fund-reaches-record-high/amp/
Extreme_Qwerty OP t1_j692836 wrote
>They’ve also changed some of the tax law to help attract bigger companies to PA with bi-partisan legislation prior to COVID.
Yeah, they're lowering the corporate tax rate which means the tax burden gets shifted to working Pennsylvanians, because retirees pay no state income tax.
And that rainy day fund won't last long.
WookieeSteakIsChewie t1_j6b8crw wrote
And how do those numbers compare across the country?
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