R Ricter Feb 25, 2013 #11 We have a lot of states that would go "belly up" if it weren't for transfer payments. Been like that since the colonies.
We have a lot of states that would go "belly up" if it weren't for transfer payments. Been like that since the colonies.
Tsing Tao Feb 25, 2013 #12 Quote from Ricter: We have a lot of states that would go "belly up" if it weren't for transfer payments. Been like that since the colonies. More... California and Illinois are going bankrupt because of in-state, local practices. Transfer payments have nothing to do with it.
Quote from Ricter: We have a lot of states that would go "belly up" if it weren't for transfer payments. Been like that since the colonies. More... California and Illinois are going bankrupt because of in-state, local practices. Transfer payments have nothing to do with it.
