Reaganomics

Tanımlar (İngilizce)

1. isim The neoliberal, free market economic ideas and policies of the American president Ronald Reagan (1911–2004) and his two administrations (1981–1989), with a focus on reduced government spending, taxation, and regulations (supply-side economics) and granting potential benefits and encouragement to wealthy people and businesses in particular to drive the rest of the economy (trickle-down hypothesis).

   “Many opponents of Reaganomics, in fact, don't contend that the program can't work over the long run. But they argue that the program can not work the way the President promised and that the resulting social cost isn't worth it.”