Reagan’s Folly, Or How The Groundwork Was Laid For Our Shaky Economy

May 18, 2016 James Conrad 0

On January 2, 1967, a mediocre B-movie actor by name of Ronald Wilson Reagan was sworn in as Governor of California, having run on the Republican ticket. Almost immediately, as a reaction to what he perceived as left-wing subversion at college campuses, particularly at the University of California at Berkeley, he began to cut state funding for college education, which was the beginning of a move to a tuition-based funding model. […]

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