Daily News says AIMS papers are a real education about equalization
In his 14 August piece, Money editor John Macleod of the Daily News argues that the debate on equalization is not simply about begging for more federal cash. Macleod encourages anyone interested in having a reasonable understanding of this issue to go to the AIMS site and review the recent studies on equalization that can be found there. Having read these studies he concludes that the debate is, rather, about the proper role of non-renewable resources within the equalization program. He points out that the federal government itself has been unable to reach a firm conclusion on how non-renewable resources and equalization go together. In fact, no fewer than ten adjustments have been made in the treatment of non-renewable resources since the equalization program was implemented.