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

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2010-12-07 00:21:21

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.


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