Reaganomics
[rey-guh-nom-iks] /ˌreɪ gəˈnɒm ɪks/
noun
1.
the economic policies put forth by the administration of President Ronald Reagan, especially as emphasizing supply-side theory.
noun
any economic plan that promotes low taxes, low social-services spending, and high military spending — which then contributes to low interest rates, low inflation, and large budget deficits
Word Origin
from former President Ronald Reagan’s economic policy
n.
by Feb. 1981, in reference to economic police of U.S. President Ronald Reagan, from Reagan + economics.
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