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Finance Dictionary and Glossary of Investment Terms
Economic program utilized during the Reagan administration, which emphasized low taxes, low social services spending, and high military spending. Contributed to low interest rates, low inflation, and large budget deficits.
A popular term used to describe the economic policies of US President Ronald Reagan (1981-1989). Reaganomics called for widespread tax cuts, decreased social spending, increased military spending and the deregulation of domestic markets. The term was used by supporter and detractors of Reagan's policies alike