Final answer:
A Federalist argument concerning the Constitution is that it provides for a good balance of state and federal powers, as they supported a strong centralized government with a system of checks and balances.
Step-by-step explanation:
The argument that the Constitution provides for a good balance of state and federal powers is one that aligns with Federalist beliefs. The Federalists, including figures like Alexander Hamilton and James Madison, argued for a centralized government with enumerated powers as laid out in the Constitution, believing it struck the right balance between national and state authority. They contended that the Constitution itself, with its system of checks and balances and division of powers, was sufficient to protect individual rights and that a separate Bill of Rights was not necessary. Contrarily, the Anti-Federalists were concerned about the potential for the national government to amass too much power, thus advocating for a Bill of Rights to safeguard individual liberties.