I’ve been in municipalities and provinces running healthy surpluses and the economy booms during those times. People do better and schools are better run and so on. And for that matter, Canada boomed after the government fixed the budget in the late 90s. We went south again when the new government showed a complete lack of respect for money.

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dpkirchner 2 hours ago | parent | next [-]

Were those municipalities and provinces receiving any money from the federal government and is that how they had surpluses? That's certainly how it works here in the US.

	▲	phil21 an hour ago \| parent [-]
		Not how it worked in my home state growing up. The state intermittently ran budget surpluses and were net givers to the federal budget. Still are today. I’m also not entirely sure how relevant that is due to states (and provinces) not printing their own currency though. Very different situations.

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qubex 2 hours ago | parent | prev [-]

Ah.

So you don’t understand the concept of sovereignty then.