People who are not familiar with South Dakota often try and knock the state, they portray it as some barren wasteland, with not to much to do, not much in the way of job opportunities and a whole lot of cold weather!

Some go so far as to even say Mars has more appeal than be forced to live in South Dakota, especially during the winter months.

Chances are those are the same people who have never stepped foot in South Dakota. They have no idea what they're talking about, no idea all of the great things the Rushmore state has to offer and the quality of life it provides to its residents.

In the end, these South Dakota haters come off sounding like an ignoramus that is often nuttier than squirrel turds.

That's fine, they can joke all they want, take as many cheap shots as they can think of. But at the end of the day, there's one thing they can never bad mouth South Dakota about, and that's our credit.

As a state, South Dakota has a terrific credit rating. And it just keeps getting better.

The New York-based Standard and Poor's on Monday cited South Dakota's "consistently strong" financial position and record of "conservative budgeting" in upgrading the state from "AA+" to "AAA."

South Dakota now joins 15 other states that have also been given the agency's highest rating.

Naturally, Governor Dennis Daugaard says he's "very pleased" with the upgrade. Daugaard says his administration has met with ratings agencies and has put forward policies and practices to help secure the rating.

Credit ratings give potential bond purchasers a measurement of state performance and credit worthiness.

Credit upgrades, like the one South Dakota just received typically allow issued bonds to carry a lower interest rate, providing interest savings to issuers such as the South Dakota Building Authority.

Source: KDLT TV

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