"Michigan is also the only industrial state that has a AAA credit rating"

This quote by John Engler is referring to the state of Michigan's financial stability. Michigan is the only state in the United States that has a AAA credit rating, which is the highest possible rating. This score is provided to states that have a strong economy and a great monetary standing. It signifies financial strength and stability, and it is a reflection of the state's ability to pay its debts. Michigan's AAA credit ranking is a testimony to the state's financial success and its ability to handle its finances responsibly. This score suggests Michigan's dedication to fiscal obligation and its capability to bring in services and investments. It is likewise a sign of the state's commitment to offering a strong and steady economy for its people.