reaganomics
/ˌreɪɡəˈnɑmɪks/
Word Rarity
Very rare
Frequency: Zipf frequency 1.88 in modern English
16
Scrabble Score
11
Letters
4
Syllables
10
Unique Chars
Meaning
noun
The neoliberal, free market economic ideas and policies of the American president Ronald Reagan (1911–2004) and his two administrations (1981–1989), with a focus on reduced government spending, taxation, and regulations (supply-side economics) and granting potential benefits and encouragement to wealthy people and businesses in particular to drive the rest of the economy (trickle-down hypothesis).
Uncountable
Example Sentences
- "Many opponents of Reaganomics, in fact, don't contend that the program can't work over the long run. But they argue that the program can not work the way the President promised and that the resulting social cost isn't worth it."
- "However, until the wheels came off the wagon in 2008, no doubt existed as to the efficacy of Bush's Reaganomics redux in feathering the nests of his wealthy “base.”"
Etymology
Word Breakdown
Regional Pronunciation
- American English: /ˌreɪɡəˈnɑmɪks/
- British English: /ˌreɪɡəˈnɒmɪks/