> I don't think I've heard people arguing that two states being on a common currency contributes to the impoverishment of Alabama.
It’s interesting because people don’t talk about this more. For example a lot of bitterness about the SALT deduction in the US essentially boiled down to living in a rich or poor state.
Likewise if you look at inflation, it’s hitting poorer states hardest (probably because they’re more dependent on energy due to auto-oriented urban planning decisions, seasonal climate changes and energy policy). So what do we do? Set fiscal policy so Alabama has less inflation or so New York reaches full employment?
It’s interesting because people don’t talk about this more. For example a lot of bitterness about the SALT deduction in the US essentially boiled down to living in a rich or poor state.
Likewise if you look at inflation, it’s hitting poorer states hardest (probably because they’re more dependent on energy due to auto-oriented urban planning decisions, seasonal climate changes and energy policy). So what do we do? Set fiscal policy so Alabama has less inflation or so New York reaches full employment?