peter jackson
2010-06-01 21:24:56
Europe put the cart before the horse. The efficiencies they sought to obtain via a single currency are only had with a level of free trade that we have here in the US between the states. It doesn’t matter that there are poor states and rich states in Europe. We have poor states and rich states in the US too, but California manages to get along using the same currency as Mississippi. The difference between the United States and the European Union is that the American states have almost no trade barriers between them, nor are they allowed to tax each other.
