Reaganomics | Vibepedia

Reaganomics, a portmanteau of Reagan and economics, refers to the neoliberal economic policies implemented by Ronald Reagan during his presidency from 1981 to 1989. These policies, focused on supply-side economics, aimed to stimulate economic growth through tax cuts, reduced government regulation, and increased defense spending. The effects of Reaganomics are still debated, with supporters citing the end of stagflation and stronger GDP growth, while critics point to the widening income gap and reduced government services.