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Reaganomics

noun
/ˌreɪɡəˈnɒmɪks/
/ˌreɪɡəˈnɑːmɪks/
[uncountable]
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  1. the economic policies of US President Ronald Reagan. They involved reducing taxes for companies to help them increase production and create jobs. Government spending was also cut, mainly in the area of social welfare. This made the economy strong but greatly increased the national debt.重组经济学:美国总统里根的经济政策。他们涉及为公司减税,以帮助他们增加产量和创造就业机会。政府支出也被削减,主要是在社会福利领域。这使经济强劲,但大大增加了国债。

See also: Reaganomics


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