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Federal transfers are not even a zero-sum proposition; they are a negative-sum proposition, leaking value at every step of the way, thanks to the costs of collecting federal tax dollars, then trickling them back out to the states' own costly bureaucracies via federal paper-pushers who write and oversee grant programs.
Federal transfers are not even a zero-sum proposition; they are a negative-sum proposition, leaking value at every step of the way, thanks to the costs of collecting federal tax dollars, then trickling them back out to the states' own costly bureaucracies via federal paper-pushers who write and oversee grant programs.
Heather Mac Donald
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