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It's more like forcing your unemployed brother in law to always go to the fancy, expensive restaurant you go to with your high flying lawyer friends and then sp
by pydry 4y ago
It's more like forcing your unemployed brother in law to always go to the fancy, expensive restaurant you go to with your high flying lawyer friends and then splitting the bill 50/50.
America does fiscal transfers. Poorer states get money from richer states. It wouldnt work if they were all routinely forced to borrow money and declare bankruptcy.
- pavlov 4y agoThe EU does fiscal transfers too. Its 150 billion EUR budget isn’t anywhere near as large as the US federal one, but it’s definitely used as a tool to level up the poorer member states.
- happyjack 4y ago100% true. America subsidizes many states and sectors of the nation. But we are able to do this because there is a common representation.