Squilliam on 27 February 2012
| Kasz216 said: I'd guess because state rights, sometimes leads to state irresponsibility.
Even the state governments have a spending problem lately, despite the fact that by law they aren't allowed any deficit.... |
So for the most part States are still more responsible fiscally than the federal government. I suspect that there are many states which post a surplus or a small loss. People are much better at borrowing and spending from their own financial limits than from a collective.
Tease.
