"Michigan is also the only industrial state that has a AAA credit rating"
About this Quote
The specific intent is twofold. First, it sells his governing brand: disciplined, business-friendly, managerial. Second, it reframes political success in a measurable metric that seems non-ideological. Credit ratings sound objective, almost apolitical, even though they’re built on assumptions about taxation, labor costs, service levels, and the willingness to prioritize bondholders.
The subtext is competitive and faintly scolding: if Michigan can do it, why can’t other big manufacturing states? The claim invites comparison with places like Illinois or Pennsylvania, using their downgrades as a cautionary tale without naming them. It also carries a quiet warning to constituents: keep letting me cut, reform, restrain - or we’ll lose this badge.
Context matters because a AAA rating is both a trophy and a constraint. It signals low borrowing costs and stability, but it can also function as an alibi for austerity. Engler is arguing that modern industrial strength isn’t just about making things; it’s about being legible and reliable to capital.
Quote Details
| Topic | Money |
|---|---|
| Source | Help us find the source |
| Cite |
Citation Formats
APA Style (7th ed.)
Engler, John. (2026, January 17). Michigan is also the only industrial state that has a AAA credit rating. FixQuotes. https://fixquotes.com/quotes/michigan-is-also-the-only-industrial-state-that-52209/
Chicago Style
Engler, John. "Michigan is also the only industrial state that has a AAA credit rating." FixQuotes. January 17, 2026. https://fixquotes.com/quotes/michigan-is-also-the-only-industrial-state-that-52209/.
MLA Style (9th ed.)
"Michigan is also the only industrial state that has a AAA credit rating." FixQuotes, 17 Jan. 2026, https://fixquotes.com/quotes/michigan-is-also-the-only-industrial-state-that-52209/. Accessed 19 Feb. 2026.



