The financial position of the United States includes assets of at least $269.6 trillion (1576% of GDP) and debts of $145.8 trillion (852% of GDP) to produce a net worth of at least $123.8 trillion (723% of GDP) as of Q1 2014.
If the ownership of the public land in the western states was returned to the states,those states would be financially able to end their dependency on Federal funding.
That is so true. How is it that the entire country and all elected Governors and Legislators are so ignorant of what the Constitution says? Anyone can read it.......it is pretty clear about most things. Dictionaries (Webster's 1828) help..........
565 million acres in the 13 western states is owned by the Federal Government If all of the public land owned by the Federal Government in the western states were returned to the states, the states would have access to hundreds of billions of dollars in natural resources such as water, timber, minerals, shale oil and natural gas.
The land and all of the natural resources in the states belong to the people collectively and could easily generate enough revenue to eliminate all forms of taxation in the stztes.