alt Hacker News>This is something I tell people I am generally politically/socially align with (liberals/progressives) when they start talking about “handouts for red states.” California and other areas were not developed on their own, they required years of sustained federal investment and interest in the area.
If they were to ask where you think this "federal investment" funding came from, what would you reply?
Replies
simonh • yesterday at 2:07 PM
Much of it would come from borrowing, which would be paid back using tax revenues in later years from the regions developed using that investment. Just like most investments.
tsunamifury • yesterday at 2:16 PM
Equating investments in California with the welfare state that is Louisiana is a take
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spiderfarmer • yesterday at 2:06 PM
Preferably your taxes in particular.
Forgeties79 • yesterday at 3:48 PM
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It’s a fair point, but there is a significant difference between investment in infrastructure and education versus just supporting states that are intentionally degrading their infrastructure and education.
Upwards spiral versus downwards. Money pours in for both cases, but only one is really an investment.