Difference between revisions of "Reaganomics"

Latest revision as of 03:43, April 21, 2017

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-"Reaganomics" includes the idea of tax cuts proposed and enacted by President [[Ronald Reagan]].  It usually refers to the idea of "trickle down theory" in which lowering taxes on capital gains and those with higher incomes will stimulate the economy, thereby improving the economic situation of everyone.
+#REDIRECT [[supply-side economics]]
-Reagan's own vice-president, George H. W. Bush, referred to Reaganomics as "voodoo economics."
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