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Jun 30, 2024 · Based on the principles of supply-side economics and the trickle-down theory, Reaganomics proposed that decreases in taxes, especially for corporations, stimulate economic growth. If the...
- Will Kenton
Reaganomics, popular term for the economic policies of U.S. Pres. Ronald Reagan. The word is a portmanteau of Reagan and economics and was first attributed to radio broadcaster Paul Harvey. It has been used by both Reagan’s supporters and critics.
Reaganomics (/ reɪɡəˈnɒmɪks /; a portmanteau of Reagan and economics attributed to Paul Harvey), [1] or Reaganism, were the neoliberal [2][3][4] economic policies promoted by U.S. President Ronald Reagan during the 1980s.
Mar 31, 2022 · Reaganomics promised to slash government spending and taxes to end stagflation and the 1980 recession. It worked, but at a cost.
- Kimberly Amadeo
May 29, 2022 · Dirck Halstead / Getty Images. Sources. Ronald Reagan's economic policies were scorned by critics and applauded by fans. Learn more about "Reaganomics" and whether the policy changes worked.
- Kimberly Amadeo
To reverse the economic cliimate of the time, President Reagan put forth an enomoic policy which aimed to reduce government regulation, lower taxes, and promote free-market capitalism as a means to stimulate economic growth and increase individual wealth.
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May 29, 2018 · Reaganomics, also called supply-side economics or trickle-down economics, is based on a thing called the "Laffer Curve." (It was the Laffer Curve that was supposed to be the subject of the doodle.) The economist Arthur B. Laffer is the true creator of the supplyside theory.
