New Study Shows NJ 2nd Least Federally Dependent State
I can't speak for anyone else, but regarding federal government assistance, I would've bet that New Jersey gets a lot of help.
If I were a betting girl, I would have taken a HARD LOSS on that one. A new survey conducted by the folks over at WalletHub.com has revealed that the state of New Jersey is actually one of the most independent states in the country regarding government help. The survey reveals that New Jersey falls at number 49 on the list out of 50 when examining dependency on the federal government for financial assistance.
The experts from Wallet Hub came up with their findings by comparing the state's residents dependency on federal funds to the state government's dependency on the assistance. When observing New Jersey's residents and state government's necessity for bailouts and grants compared to the rest of the country, we're actually doing pretty well on our own. Recalling what this state's been through the last year, it's surprising we didn't receive MORE assistance, as a matter of fact. New Jersey was one of the worst states to be hit with the coronavirus. So many residents have been out of work for an extended period of time, so to hear that our dependency numbers are the second lowest in the country is pretty impressive.
If you really take the time to stop and think about it, Jerseyans are pretty resilient, especially here in South Jersey. We like to figure things out for ourselves (almost to a fault). South Jersey residents have always been pretty independent. When taking our values and character into account, it's not shocking to see our "figure it out for ourselves" attitude has translated to statistics like this.
Check out the whole report for yourself HERE.
Source: WalletHub.com