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Reaganomics

Noun

Meaning

Reaganomics (uncountable)

The neoliberal, free market economic ideas and policies of the American president Ronald Reagan (1911–2004) and his two administrations (1981–1989), with a focus on reduced government spending, taxation, and regulations (supply-side economics) and granting potential benefits and encouragement to wealthy people and businesses in particular to drive the rest of the economy (trickle-down hypothesis).

Source: en.wiktionary.org

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In short, the elimination of the financial legacy of Reaganomics could force the United States to make some exceptionally difficult choices indeed. Robert Gilpin

In the 1980s, we were advised, why don't you follow Reaganomics or Thatcherite economics. We said, yes, there are good points, let's see how we can fit them in the Indian economy. Every country has its own way of moving forward. Pranab Mukherjee

Today’s miserable velocity of circulation of money stems from Reaganomics, the destructive economic policies advocated by President Ronald Reagan. Source: Internet

What did Reaganomics do to produce the 25-year boom from 1982 to 2007? Source: Internet

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