Search results
Results from the WOW.Com Content Network
Reagan gives a televised address from the Oval Office, outlining his plan for tax reductions in July 1981.. Reaganomics (/ r eɪ ɡ ə ˈ n ɒ m ɪ k s / ⓘ; a portmanteau of Reagan and economics attributed to Paul Harvey), [1] or Reaganism, were the neoliberal [2] [3] [4] economic policies promoted by U.S. President Ronald Reagan during the 1980s.
Major examples of what critics have called "trickle-down economics" in the US include the Reagan tax cuts, [5] the Bush tax cuts, [6] and the Trump tax cuts. [7] Major UK examples include Margaret Thatcher's economic policies in the 1980s and Liz Truss's mini-budget tax cuts of 2022, [8] which was an attempt to revive such Thatcherite policies. [9]
In February 1985, journalists at the New Zealand Listener coined the term Rogernomics as a portmanteau of Roger and economics. It echoes "Reaganomics", similar neoliberal economic policies promoted by United States President Ronald Reagan in the 1980s. [2]
That didn’t happen during the final two years of Reagan’s first term — in fact, it was quite the opposite. The U.S. economy grew by 4.6% in 1983 and another 7.2% in 1984.
The Fed sees long-term U.S. real growth at 1.8%, which translates to 3.8% in nominal terms once the central bank's inflation target of 2% is taken into account. The U.S. 10-year bond yields are ...
Fox News pundit questions whether Jimmy Carter was actually ‘decent’ as he ‘essentially’ called Reagan ‘racist’ Justin Baragona December 30, 2024 at 5:47 PM
The term "supply-side economics" was thought for some time to have been coined by the journalist Jude Wanniski in 1975; according to Robert D. Atkinson, the term "supply side" was first used in 1976 by Herbert Stein (a former economic adviser to President Richard Nixon) and only later that year was this term repeated by Jude Wanniski. [16]
The Reagan era or the Age of Reagan is a periodization of recent American history used by historians and political observers to emphasize that the conservative "Reagan Revolution" led by President Ronald Reagan in domestic and foreign policy had a lasting impact. It overlaps with what political scientists call the Sixth Party System ...