True enough, but Spain does have the SGP, which is where I think his -- admittedly very muddy, even with a generous reading -- main point would come in.  Spain has a much larger budget than Florida, but what's that got to do with the price of eggs in Taiwan?  I think he'd argue that Spain is under certain restrictions on what it can do fiscally, not wholly unlike state governments in America, but that also the EU can't do the kinds of things the federal government here can do.

Not as strict as what Florida must adhere to, but then I think the comparison with Florida has a lot more to do with the two areas having been boom-states for construction due to their warmer climates attracting Brits and Northerners.

The SGP is obviously not set in stone, and maybe that's where he gets tripped up.  But that would be more a failure to understand the nuances of EU politics than a failure to grasp the main concepts.

Be nice to America. Or we'll bring democracy to your country.