Abolish Federal Reports on Trade Deficits and Trade Surpluses
If you’re like me, you pace the floor every night worrying about the trade deficit between your state and other states. Why, I can’t tell you the number of nights I go sleepless every month worrying about the trade deficits between my state of Virginia and other states.
For example, take Florida. I don’t know what the figures are, but I’m willing to bet that Virginians spend more money in Florida than Floridians spend in Virginia. Of course, this is just a hunch but I would assume that Disney World and Florida beaches are more attractive and more expensive destinations than Mount Vernon and Arlington National Cemetery.
It might help my anxiety if government officials actually published the trade data between Virginia and Florida and, well, for that matter, between Virginia and every other state. Maybe we run trade surpluses with other states that help to alleviate the presumed trade deficit with Florida. I’ll bet North Dakotans spend more money here in Virginia than we spend over there.
So, why doesn’t the government publish reports of trade deficits and trade surpluses between the states? I can only assume that the government doesn’t think that people need to know that information. But isn’t it possible that some states could
Article from The Future of Freedom Foundation
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