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Thread: State Welfare & Wealth Transfer

  1. #1
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    Jan 2012
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    State Welfare & Wealth Transfer

    http://www.theatlantic.com/business/...ecede/258947/#

    Biggest Winners (net gains):
    New Mexico
    Mississippi
    Montana
    N. Dakota
    Alabama
    Maine
    W. Virginia

    Biggest Losers (net loss):
    Minnesota
    New Jersey
    Delaware
    New York
    Illinois
    “If it is not right do not do it; if it is not true do not say it.” Marcus Aurelius

  2. #2
    Participating in free federal government programs is not the same (at all) as taking on unsafe levels of debt, so the Euro-zone comparison breaks down there.

    Also, just speaking for myself, I care about the poor people in New York just as much as the ones in Alabama. So if we're going to have government programs that help people out, they'll apply to everyone. If there are more poor in Alabama than in NY, that's how it goes.

    He also says this:

    Today, the states can't borrow money.
    What?







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