Reaganomics

Reaganomics

[rey-guh-nom-iks]
noun
the economic policies put forth by the administration of President Ronald Reagan, especially as emphasizing supply-side theory.

Origin:
1980–85; blend of Reagan and economics

Reaganomic, adjective
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Based on the Random House Dictionary, © Random House, Inc. 2014.
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Dictionary.com's 21st Century Lexicon
Main Entry:  Reaganomics
Part of Speech:  n
Definition:  any economic plan that promotes low taxes, low social-services spending, and high military spending -- which then contributes to low interest rates, low inflation, and large budget deficits
Etymology:  from former President Ronald Reagan's economic policy
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