Reaganomics

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Related to Reagonomics: Trickle down economics

Reaganomics

An informal term for supply-side economics, which is a macroeconomic theory stating that a government can best promote growth by providing incentives for persons to produce goods and services. The primary way a supply-side oriented government does this is by maintaining low tax rates so that investors and entrepreneurs may use their money toward production. Maintaining low tax rates on the wealthy is one of the most important and controversial aspects of supply-side economics; the theory states that well off persons have the capital available to produce goods and services and thereby create jobs and grow the economy. Critics contend that this does not happen in reality, and that the wealthy are more likely to keep, rather than invest, their money. Reaganomics acquired the name because it was crucial to the economic policies of the administration of U.S. President Ronald Reagan. See also: Keynesian economics, Monetarism, Trickle-down economics.
References in periodicals archive ?
Thatcher came to power in 1979, Ronald Reagan in 1981, and although their anti-inflationary predilections were considered parts of Thatcherism and Reagonomics, the new regimes lacked credibility and real interest rates remained high.
This was back in the time of Reagonomics, International pickup trucks, and unfiltered Camels, back when Tom Landry and J.
The 1980s bring images of new-wave music videos, Reagonomics, pink dress shirts and those "Flock of Seagulls" hairdos.
Audiences could seek new modes of identification, act out, and redefine themselves in the grim socio-political climate of recession and Reagonomics.
American Psycho (18) Mary Harron stars in this black comedy satire on Reagonomics greed with a career-defining turn from Christian Bale as the young Wall Street exec with the killer instinct.
Conflicts between fiscal and monetary authorities can be very costly, as the episodes of Reagonomics in the early 1980s and in the wake of German unification demonstrate.
In addition to the section mentioned above, the volume covers the economy of the new nation, railroads and American economic growth, the economics of American slavery, labor in industrializing America, the rise of big business, boom to bust in the 1920s, the onset of the Great Depression, the New Deal and World War II, the Keynesian Consensus and its collapse, Reagonomics, and Clintonomics ("and beyond").
One of the key aims of the Assembly's economic development policy is to spread prosperity across all parts of Wales, and yet policymakers seem content to pour millions into one area in the hope that trickle-down Reagonomics, which many thought had disappeared in the 1980s, will work its dubious magic.
Is this because, in the dog eat dog world of Reagonomics, human life comes cheap or because everything we see is in Bateman's mind?