What was Reaganomics?
Reaganomics was the term given to the economic policies under the administration of President Ronald Reagan, who served as the 40th President, from 1981 to 1989.
The plan was to reduce tax rates, and thereby stimulate the economy out of recession.
The main thrust was cutting marginal income tax rates (particularly capital gains) and using targeted tax credits & accelerated depreciation (for purchases of business equipment. autos, etc.) to stimulate economic development, job creation, and tax revenue.
During Reagan's 8 years in office, tax revenue to the government more than doubled even as marginal tax rates were lowered, and many individuals with low incomes had their Federal income taxes completely eliminated.
Reaganomics was not profitable for me.
Reaganomics emphasized: reduce the federal income tax and capital gains tax
Reaganomics led to decreased inflation, decreased interest rates, and increased budget deficits.
The three goals of Reaganomics were to lower taxes, higher defense spending, and curtailed spending for social surfaces. Reagan's plan to help the economy.
Trickle down theory.
august 4 1981, that's what i think when
Deregulate industries and Lower taxes for the wealthy
trickle down economics or reaganomics.
Wealth will "trickle down" from the top earners to the rest of the people. Additionally, Reaganomics was known as "Voodoo economics" as it expected some sort of magical force to spread wealth from those who have it, to those who don't.
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.
Trickle-Down Economics and Supply-side Economics
Reaganomics. Illegal drugs.
The term was Reaganomics. :)
A "Reagan" republican is a republican who strongly agrees with President Reagan's "Reaganomics" economic policy. The policy of Reaganomics is one that emphasizes low tax rates across the board and as little federal regulation of wall street as possible.
These were not the intentions of Reaganomics (and the majority of these are fiction-answers): take money from the rich via taxes to give to the poor; increase the National Debt; choke off economic growth; create historically high and persistent unemployment; raise minimum wage, promote hiring of unskilled workers, and give everyone a bar of gold from the US Federal Reserve: The 3 answers in bold are definitely discussed about Reaganomics.
Reaganomics: Relaxing environmental standards against union activities
Budget cutz in social programz
The term used was Reaganomics.
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".
The economic policy adopted by Reagan is known as Reaganomics.
Reaganomics Relaxing environmental standards against union activities
Reaganomics=Hoover trickle down theory.
"Reaganomics" is the word coined for Reagan's economic principles.
The economic policy adopted by Reagan is known as Reaganomics.
Pay Fewer Taxes Supply goods Banks loan money to business
# Reaganomics # Cut taxes # Reduce regulations # Reduce gov. spending
The Laffer Curve, which is a special case situation in economics where reducing taxes increases government revenues by stimulating the economy.
Reaganomics (identified with the 40th President, from 1981 to 1989) was referred to as "supply side" economics (or the critical label trickle down) because its primary aim was to increase capital and capital expenditures, intending to fight a slowing economy and eventually increase government revenue. The policies were centered on large, broad tax cuts and smaller cuts in the spending budgets for social programs.
Reagnomics redefined the way we look at the government and its policies today. We learned a lot about economic policies. It made business easier and increase supply and demand.
What was the economic theory of Reaganomics that emphasized cutting taxes and government spending in order to stimulate investment productivity and economic growth by private enterprise?
Supply side economics
He most definitely was not. He was actually one of the greatest American presidents of all time. His economic policies, known today as Reaganomics, led to the longest consecutive peacetime growth in American history. (90 consecutive months) He also waged a war on communism which helped lead to the tearing down of the Berlin wall. Reaganomics was the idea of controlled government spending and across the board tax cuts. This worked out amazingly well.
One major part of Reaganomics was Reagan's plan to get more revenues in a fairer way. He decreased taxes for the richer portion of Americans, which, as counterintuitive as it may seem, increased federal revenues because they were more motivated to earn more. Everyone who paid income tax actually had their tax rates decreased, but the tax cuts were so much bigger and more effective for the rich that Reagan and the republicans were seen… Read More
end of the cold war, reaganomics,Soviet Union. go to another site these sre bad answers they dont tel you anything about what he did.
"Reaganomics," in simplistic terms, meant lower taxes on businesses and rich people so that, in theory, the economy would be stimulated and more jobs would be created for middle class and poor people, who would then have more money to spend on commercial goods and housing. Reaganomics is controversial, but many economists today argue that it did not have the desired effects and actually put a lot of pressure on the economy overall, making things… Read More
~ Used Reaganomics which consisted of large tax cuts to increase private investments ~ Passed a 25% cut in federal income tax with Reaganomics ~ Fueled economic growth ~Strategic defense nicknamed "Star Wars" to protect America from enemy missiles. ~ Toured the country as a television host becoming a spokesperson for conservation. ~ Created the Reagan Doctrine which made allies out of many "captive nations" in the Soviet Union and Eastern Europe. ~ Ended the… Read More
The primary feature of Reaganomics is that you probably know what's good for you better than some politician does. So you should spend your own money for things that YOU think you need, rather than letting the government take your money in taxes and spend it on whatever THEY think you ought to have. Because this lets you keep your own money and prevents politicians from raising taxes (which would allow politicians to spend money… Read More
The name given by journalists to Ronald Reagan's economic policy also known as trickle down economics which thought that reduced government spending tax cuts and increased military spending woul?
Reaganomics was the name given to Reagan's idea that revenue would be increased if taxes were lowered so that people had more more to spend, thus stimulating the economy.
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.
Carl Lowe has written: 'Journeys by Rail' 'Reaganomics' 'Juice power' -- subject- s -: Vegetable juices, Fruit juices, Health aspects 'Television and American culture'
Richard Nixon. Alex Keaton embraces Reaganomics and consequent conservative values. He is a Young Republican who worships President Ronald Reagan and is a fierce supporter of Richard Nixon.
Reagonomics was the economic policy that the Reagan administration supported. Reagonomics was known for supply side economics, or trickle-down economics, which lowered taxes and regulation to incentivize production in the hopes that it would lead to more products at lower cost.
Probably not all Americans, but most Americans, of which I was one. The economy was strong, jobs were plentiful, and there was ample opportunity to prosper. Personally, I did not take advantage of that opportunity as well as I might have, but that was my fault, and not Ronald Reagan's.
The policy of Reaganomics was based on "supply side" economics (which is often criticized as the "trickle down" strategy) to build economic growth. President Ronald Reagan championed across-the-board tax reduction and cutbacks in spending for social programs such as job education and welfare. The intent of the tax cuts was to leave capital in the private sector where it could be re-invested, rather than being acquired and used by the federal government. The net increase… Read More
Reaganomics were also commonly known as 'supply-side' economics. By lowering taxes on businesses, they would make more money, grow, and ultimately, pay more in taxes do to their bigger size. In short, lowering taxes would mean more revenue for the U.S. Did not work.
Im not sure but it shoul be right get the economy going:) This is a more accurate answer: Ronald Reagan's economic policies was called "Reaganomics," which was to get rolling back the government regulations, lowering taxes and balancing the budget. This would increase government revenue to stimulate the economy as a whole.
o Reaganomics- Reagan significantly focused on rebuilding the economy and getting it booming again. o End of the Cold War o War on Drugs- Reagan cracked down on drugs and created more laws against them.