Skip to main content
Reaganomics

Reaganomics

7 8.1
Economic policies by U.S. president Ronald Reagan in the 1980s that cut taxes, reduce rules, and lower government spending
  • noun
  • /ˌreɪɡəˈnɒmɪks/
  • Literature
translation icon : reaganomía
  • Critics argue that while Reaganomics aimed to boost the economy, it disproportionately benefited the wealthy.
  • trickle-down Reaganomics
  • architect of Reaganomics
  • economic boom of Reaganomics

Examples

  • Many economists credit tax cuts and deregulation as key components of Reaganomics that spurred economic growth in the 1980s.

  • Real conservatives saw Reaganomics as a way of creating broad-based opportunity, not as catering to the rich.

    Blog text (33)
  • It's the supply side Reaganomics.

  • Reagan was a good president, but Reaganomics killed small businesses and has crushed the middle class.

    Blog text (3)
  • People started to speak about Reaganomics and Thatcherism.

    Academic text (2018)
  • Something that sounds good on paper but does not produce actual results constitutes Reaganomics as "failed logic."

    Blog text (8)
  • Reaganomics was a political term for supply-side economics, a new development in economic theory.

    Blog text (14)
  • When the economy turned around in 1983, Reagan quipped that "pretty soon, they won't be calling it 'Reaganomics' anymore."

    Academic text (2011)
  • Voters in 1982 simply were not furious about Reaganomics the way they were furious about Obamacare and the stimulus in 2010.

    Academic text (2011)
  • During the 1980s, the principles of Reaganomics emphasized reducing government spending to stimulate the economy.

Synonyms

neoliberalism
vsReaganomics
  • Specialized
5 8.4

An idea that favors free markets, less regulation, and smaller government spending

is a concrete 1980s policy package aiming at tax cuts and spending cuts
Reaganism
vsReaganomics
2 8.4

A set of political and economic ideas from Ronald Reagan that favor free markets, limited government, optimism, and traditional values

is the specific set of 1980s economic policies of that leader
neoliberal policy
vsReaganomics
  • Specialized
1 7.0

An economic plan that favors free markets, selling government services, and fewer rules

focuses specifically on tax cuts deregulation and reduced spending in the 1980s

How Free-Market

laissez-faire
  • Formal
7 8.7
Reaganomics
  • Literature
7 8.1
mixed economy
  • Specialized
2 4.1
managed economy
  • Specialized
1 7.0

Surface Forms

Reaganomics singular
Reaganomics plural

Morphology

Reaganomics = Reagan + economics (transparent) = Reagan + omics

Formed by combining the name 'Reagan' with 'economics' (via the -omics element), clearly indicating economic policies associated with Reagan.

Etymology

Reaganomics combines the name Reagan and economics, where economics means 'the study of money and trade'. So Reaganomics is a short name for 'the economic ideas of President Reagan', meaning policies like tax cuts and smaller government, which is why we use it for the 1980s policies he promoted.