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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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โˆ™ 2010-12-07 00:21:21
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Q: What were the key elements of the program that came to be called Reaganomics?
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