California out of Cash
Detroit out of Cash
USA out of Cash
Wall Street doing better than ever, Stock Market about to reach new record high previously set in 2007, Corporations raking in record profits. Hmmm.
wake up people its a false choice you don't run a government like you run you home finances. A clever false narrative that Americans are waking up to.
States are certainly difference than the Federal Government. States cannot coin their own money. States cannot force the Fed to buy their bonds. So state DO need to balance their books. Otherwise they end up repudiating debt (which has happened before) and farking the whole state economy for several years.
If I appear to be ignoring your posts, it's probably because you are on my ignore list.