Reagan's economic target was to drown government in a cocktail of lowered government spending, deregulation and reduced tax rates. However, in order to shrink government to bathtub size, the role of private business had to expand to fill basic needs, which was totally fine with Republicans.
But another consequence of Reaganomics, one that doesn't jive so much with traditional Republican values, is the reduction of states' powers. Local governments are beginning to see the real meaning of trickle-down economics: dwindling federal funds make it harder for states and cities to meet annual budget requirements.
Did the Reagan Revolution actually win? Local and State Governments are Selling Off Public Property and Services
Republican Oklahoma state Senate candidate Barry Christian was found dead Thursday, the State Bureau of Investigation...
A mass shooting at a Texas apartment complex left two teens dead and 10 people injured,...
The sheriff of New Orleans was hit on Wednesday with a sweeping 30-count indictment alleging malfeasance...
