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Federal Money to the States Isn’t ‘Free’

MariansMusings Wrote: Jan 28, 2013 2:10 PM
California is famous not only for exporting really big mistakes, but for doubling down on them when it is apparent they have failed. As California goes, so goes the nation-especially since many key players in mistaken Keynesian policy, Pelosi, Feinstein, Boxer, Christina Romer, etc. etc. come from that state and are known for forcing their failed policies on the rest of the country. For more on California's contribution to real estate bubbles and crashes see MusingsbyMarian dot com

Richmond Times-Dispatch columnist A. Barton Hinkle recently made what should be a simple point to understand, but it’s unfortunately one that few people seem to appreciate. Writing about the supposed win-win situation whereby states expand Medicaid coverage and the federal government foots most of the bill, Hinkle reminds readers that the “free” federal money isn’t really free: 

In Virginia, officials...

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