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I think the zero sum nature is what trips up most people about state finance. Ultimately, what is and isn't possible for a state to do stems from the vagaries
by ethbro 7y ago
I think the zero sum nature is what trips up most people about state finance.
Ultimately, what is and isn't possible for a state to do stems from the vagaries of what all other states are currently doing.
It's somewhat rooted in economic output, but there are a lot of other independent variables in the pot.