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Much like comedian Rodney Dangerfield, West Virginia don’t get no respect. But that may be starting to change, as this week S&P upgraded the Mountain State’s outlook to positive from stable and affirmed the AA- rating on West Virginia’s general obligation debt.
According to the rating agency, "Our view of West Virginia’s positively trending credit quality reflects the state's recent run of large budgetary surpluses, multiple ample reserve funds, and management actions to control costs."
There may be a message here for voters in neighboring Virginia and nearby New Jersey as they head to the polls to elect new governors. While long thought of as a backwards backwoods, West Virginia is now booming because of strong Republican l

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