Voodoo Economics
A slanderous term used by President George H. W. Bush in reference to President Reagan's economic policies known as Reaganomics.
Investopedia Commentary
Before President Bush became Reagan's Vice President, he viewed his eventual running mate's economic policies less then favorably.
Reagan was a proponent of supply-side economics, favoring reduced income and capital gains tax rates.
Related Links
Economics Basics Tutorial
Economic Indicators to Know
Hairline Fractures: Exploring The Dismal Science
See also: Deficit, Fiscal Policy, Inflation, Keynesian Economics, Money Supply, Reaganomics, Supply-Side Theory, Voodoo Accounting