It is probably fairly obvious to our readers that many (all?) of us here at Pileus support a more robust form of federalism (and decentralization) than we currently enjoy in the U.S. So it is with much chagrin that I relay news from this weekend that President Obama wants more federal dollars to bail out irreponsible supposedly needy states. I know, you are shocked, shocked to see the administration argue for more spending.
Fortunately, Veronique de Rugy of the Mercatus Center is on the watch and makes a case here for why this is a bad idea.