Coyne on Equalization: Money is the root of all principle

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One of the topics that earned a lot of ink while I was away from blogging was equalization.

It was frustrating for me, because it seemed like nothing was being said that hadn't been said before.

Some people, like Ralph Klein, revealed an appalingly poor comprehension of a rather simple system.

And most players in the equalization debate introduced irrational arguments to support a better deal for their province.

In other words, nothing had changed at all.

The column Andrew Coyne posted today explains a bit of this..

And, more interestingly, it explains Stephane Dion's proposal for sorting out equalization. As you would expect from him, it is a perfectly rational, perfectly systematic, and perfectly fair. It cuts through all the usual bullshit.