to increase regulation
Reaganomics
reaganomics
Reaganomics
Reaganomics
Budget cutz in social programz
Ronald Reagan's economic policies were labeled "Reaganomics." Reaganomics is the idea of controlled government spending and the lowering of taxes of people of all economic brackets to cause the multiplier effect and generate economic activity.
Some have criticized elements of Reaganomics on the basis of equity.
When Ronald Reagan was first elected the us economy was facing stagflation. He came up with policies that saved the economy and these are policies that are commonly known as Reaganomics.
There are many policies that revolve around Reagonomics. One of the basic principles is trickle down economics. This is the idea when there is more money at the top, the money will flow down to people at the bottom.
Some economists and critics have blamed the widening gap between the rich and the poor on Reaganomics. His tax cuts and other policies gave additional money to the rich. He cut social programs, increasing the depth of poverty and promoted "Trickle Down Economics".
Reaganomics