Was the big debate in 2000 really about “What are we going to do with trillions in surpluses?”
Other states with surpluses include Iowa ($800 million) and Tennessee ($580 million).
But in states with surpluses, life is becoming more fun for governors.
And when it comes to state finances, surpluses can help spur further growth.
Here in Virginia we see results, solutions, job growth, surpluses, and cooperation.
That there is no object of general utility to which these surpluses can be applied.
The result is that surpluses of Army harness can not be disposed of to advantage.
The chief embarrassments have arisen, not from deficits, but from surpluses.
Labor in all these countries has spent its wages, and cannot buy any of the surpluses.
Soon they have surpluses, and are seeking other countries on which to unload.
An unsold quantity of a good resulting from a lack of equilibrium in a market. For example, if a price is artificially high, sellers will bring more goods to the market than buyers will be willing to buy. (Compare shortage.)
