How about republican governors?  How many times has NJ been downgraded due to finances?  How about Michigan and its little problem with water in Flynt.  You don't think they are having problems?   Flynt's problem was self caused by republicans.  You don't think Texas is going to have just a few problems.  We shall see how well they do.  

Democrats are far from perfect but on the whole do a lot better than republicans who are only interested in tax cuts while ignoring deficits.