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Politics : Formerly About Advanced Micro Devices
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To: Mongo2116 who wrote (1379079)11/5/2022 12:52:04 PM
From: Jamie1531 Recommendation

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Mongo2116

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"But once capital markets are accounted for, further crucial differences emerge. The second most critical tool to smooth consumption in red states is fiscal transfers. Blue states, on the whole, contribute more tax revenue to federal coffers than they receive in return. So in aggregate, the federal government transfers wealth from the blue states to the red states."


https://blogs.cfainstitute.org/investor/2018/03/13/red-states-blue-states-two-economies-one-nation/


I've been following it for years. Texas was one of the few red states that wasn't a welfare state but it's a welfare state again (taking more than it receives).

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