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Historians often refer to Reagan's economic policies as "Reaganomics." This term encapsulates his administration's approach to economic growth through supply-side economics, which emphasized tax cuts, deregulation, and reducing government spending. Advocates argued that these measures would stimulate investment and job creation, while critics contended they disproportionately benefited the wealthy and increased income inequality. Ultimately, Reaganomics significantly influenced fiscal policy debates in the decades that followed.

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