Reply #2: I think this is Reaganomics come home to roost. [View All]

[Catshrink]

It's taken this long for the effects of his tax cuts and gutting of block grants, etc. to hit. States have been able to juggle books and have been okay during up times. But now there's no money. Instead of federal subsidies to cities and states, the burden has been shifted to individual communities. This forces local entities to raise taxes and fees to provide services. These locals don't want to raise taxes and fees or risk not getting elected. When it was done in Washington, it was remote and opaque, now it's transparent. It seems that people want services but don't want to pay for them, or rather, they only want to pay for the services they want and to hell with those others need.

My 2 minute discourse on economics -- and I don't pretend to know the ins and outs, just my observations.