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Definition funny of Reaganomics:
economic strategy in which the tax burden is shifted away from big corporations and the wealthy and put on the middle class while dramatically increasing spending on things like military hardware thus creating massive budget deficits which are later used as an excuse to cut funding for social programs
Reaganomics was a devious plot to destroy the middle class and usher in a new era of neo-feudalism.
Reverse Robin-Hood: Essentially, steal from the poor, give to the rich. Enacted by a senile puppet in the 80's in the height of his delirium.
Tax Collector: That's ok, Mr. Trump, you can go, we'll just go shake down that hobo over there. Trump: God, I LOVE Reaganomics!
Economic plan developed by President Ronald "Bonzo" Reagan in the 1980s based on some squiggles drawn on a napkin. Based on the entirely logical presumption that less money equals more money.
"Hey, Ron, let's lower taxes on the rich, cut funding for education/healthcare/anything important, then spend so much on useless crap like missiles that we end up in debt for the rest of our lives and those damn Boomers can't have their social security." "Huh?" "Good choice, Ron. We'll call it Reaganomics." "Uh, OK."
A system of Fiscal sabotage also known as voodoo economics put in place by Ronald Reagan
Songs about Reaganomics:
Macaco Mata El Toro (Reaganomics Remix) by Batata Y Su Rumba Palenquera from the Album Geko Jones & Atropolis present: Palenque Records Remixed
Reaganomics by D.R.I. from the Album The Dirty Rotten CD
Reaganomics by D.R.I. from the Album Live At Cbgb's 1984
Reaganomics [Explicit] by D.R.I. from the Album Dirty Rotten LP (on CD) [Explicit]
The Buddykrak (feat. Jonwayne, DJ Reaganomics) by Cx Kidtronik from the Album Krak Attack 2: Ballad of Elli Skiff
Jackhammer (Reaganomics Remix) by K I T (Kuenta I Tambú) from the Album Jackhammer
Piston Resistance or Sexual Arousal Under Reaganomics by Greedyfeedr from the Album Like Sisters
Books about Reaganomics:
Reaganomics in Plain and Simple English by BookCaps (Jan 20, 2012)
The New American Economy: The Failure of Reaganomics and a New Way Forward by Bruce Bartlett (Oct 13, 2009)
Reaganomics The Path To Fascism Taking Back The Rustbelt One Radio Station At A Time by Richard Trusick (Sep 18, 2011)
The Pillars of Reaganomics: A Generation of Wisdom from Arthur Laffer and the Supply-Side Revolutionaries by Brian Domitrovic (Aug 1, 2014)
Reaganomics - Change Through Continuity by Simon Bolz (Nov 11, 2013)
Reaganomics: Rhetoric vs. Reality by Frank Ackerman (Jul 1, 1999)
Reaganomics: Supply Side Economics in Action by Bruce R. Bartlett (1981)
Wiki information Reaganomics:
Reaganomics refers to the economic policies promoted by U.S. President Ronald Reagan during the 1980s. These policies are commonly associated with supply-side economics, referred to as trickle-down economics by political opponents and free market...