TV News LIES

Friday, Oct 24th

Last update05:59:50 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...


California Prisons to Desegregate

Clifornia prisons desegregateCalifornia officials agreed Wednesday to end a policy in which it segregated prison inmates after riots...

Fake classes, inflated grades: Massive UNC scandal included athletes over 2 decades

UNC althetic fraudA scandal involving bogus classes and inflated grades at the University of North Carolina was bigger...

Intruder caught after scaling White House fence

White HouseA 23-year-old Maryland man was in the custody Wednesday night after he climbed over the White...

Former Washington Post editor Ben Bradlee dies

Ben BradleeBen Bradlee, the hard-driving editor who reigned over the Washington Post newsroom with the style of...
 
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!