TV News LIES

Tuesday, Jul 28th

Last update05:50:37 AM GMT

You are here News Domestic (USA) Did the Reagan Revolution actually win? Local and State Governments are Selling Off Public Property and Services

Did the Reagan Revolution actually win? Local and State Governments are Selling Off Public Property and Services

E-mail Print PDF

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.

More...


Most Recent Related Stories...


Intruders with Confederate flags crash black child’s birthday party

Confederate flag wavers crash birthday partyParty crashers waving Confederate flags disrupted a black child’s birthday celebration in Georgia, shouting racial slurs...

Cleveland cop pepper sprays peaceful Movement for Black Lives protesters

protesters pepper sprayedIn a message posted to the social medium Twitter on Sunday afternoon by rapper and activist...

Boy Scouts to lift ban on gay adult leaders

Boy ScoutsThe Boy Scouts of America is expected to end its ban on gay adult leaders on...

Pentagon asks armed public to stand down after Chattanooga military shooting

Pentagon tells militia to stand downThe Pentagon asked Friday that armed citizens not stand guard at military recruitment centers in response...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!