What were the key elements of the program that came to be called Reaganomics?
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.