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What is REAGANOMICS?N'SYNC's and the Teenage Mutant Ninja Turtles' favorite word to say. Donatello: Cool! REAGANOMICS - meme gifREAGANOMICS - videoREAGANOMICS - what is it?1. the label pinned on President Reagan's policies of tax cuts, reduced federal spending and regulation, and a tight-money policy. 1. "In this way, Reaganomics saved not just the US economy from worldwide depression" What does "REAGANOMICS" mean?ronald reagan crushing on your mom reagan: WITH REAGANOMICS BABYYYYYY REAGANOMICS - what does it mean?A program of across the board tax cuts in order to produce growth in an economy. It worked very well in the 1980s. GNP and real incomes rose in the 1980s. It was theorized by economist, Arthur Laffer, that government revenue would grow if taxes were cut on the across the board including the wealthy. Revenue rose sharply in the 1980s. However, spending rose faster. President Reagan's economic policy. REAGANOMICS - meaning1. Reduce the growth of government spending. These are the four basic principals of Reaganomics. REAGANOMICS - definitionReverse Robin-Hood: Tax Collector: That's ok, Mr. Trump, you can go, we'll just go shake down that hobo over there. REAGANOMICS - slangeconomic strategy in which the tax burden is shifted away from big corporations and the wealthy and put on the middle class while dramatically increasing spending on things like military hardware thus creating massive budget deficits which are later used as an excuse to cut funding for social programs Reaganomics was a devious plot to destroy the middle class and usher in a new era of neo-feudalism. REAGANOMICSAny socio-economical policy that benefits the wealthy or expands corporate power while harming ordinary working class people The union went on strike so the company tried to be Reaganomical by firing the striking workers and replacing them with illegal immigrants who were only paid half as much. REAGANOMICSEconomic plan developed by President Ronald "Bonzo" Reagan in the 1980s based on some squiggles drawn on a napkin. Based on the entirely logical presumption that less money equals more money. "Hey, Ron, let's lower taxes on the rich, cut funding for education/healthcare/anything important, then spend so much on useless crap like missiles that we end up in debt for the rest of our lives and those damn Boomers can't have their social security." REAGANOMICSA system of Fiscal sabotage also known as voodoo economics put in place by Ronald Reagan Reaganomics shifted the tax burden from the wealthy to the middle class, real income plummeted for most Americans while CEO salaries and the national debt sored! |
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