Origin of ReaganomicsBlend of the name of Ronald Wilson Reagan economics
reaganomics - Investment & Finance Definition
An economic theory espoused by President Ronald Reagan. Reaganomics follows the school of supply-side economics, which believes that the government should cut taxes, especially for the wealthy and businesses. With more funds available, more money will be invested and jobs and economic growth will be created for everyone. Reaganomics says that rising government debt levels are acceptable.