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
by Mr.Juan-derful August 7, 2010
Get the Reaganomics mug.THE MOST OVERRATED PRESIDENT EVER! His reign (1981-1989) was marked by a huge shift in wealth from the middle class up to the rich. Reaganomics was the nuclear bomb dropped on the middle class in the class warfare battle. Reagan was very anti-union and during his reign working class wages fell as C.E.O. pay soared.Reagan cut taxes on corporations and the wealthy, by almost half, shifting the tax burden to the middle class. The resulting reduction in revenue, along with an insane peace-time military build up, lead to a tripling of our national debt.
Reagan also sold weapons toSaddam Hussein during the Iraq-Iran War and helped establish the Taliban in Afganistan to fight the Soviet Union.
Reagan also sold weapons toSaddam Hussein during the Iraq-Iran War and helped establish the Taliban in Afganistan to fight the Soviet Union.
The G.O.P. idolizes Ronald Wilson Reagan and want to continue his destruction of the American dream. The lasting legacy of our 40th president is: reganomics, the huge national debt and the rob-the-poor-to-feed-the-rich policies the GOP holds so dearly 20 years later. So many repubitards worship Ronald Reagan like a god it's no wonder they never get endorsements from unions, teachers or anyone with any sense of compassion.
by Charles_U_Farley July 27, 2009
Get the Ronald Wilson Reagan mug.Related Words
reagann
• Reaganne
• Reagannnn
• Reagan
• Reaganomics
• Reaganing
• Reaganite
• Reagan Smash
• Reagan Administration
• reagan day
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.
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!
Trump: God, I LOVE Reaganomics!
by Sal November 10, 2003
Get the Reaganomics mug.Diseases are often named for famous people who had them, ALS is commonly refered to as Lou Gehrig's Disease, so it would seem appropriate to call alzheimers Reaganosis.
by Mr.Juan-derful November 13, 2010
Get the Reaganosis mug.President Ronald Reagan's economic policy of taking from the poor and giving to the rich-- the "trickle-down" effect.
by alphonse86 December 11, 2009
Get the Reagan Hood mug.Amazing girl. Don't cross her because she is crazy. She is shy sometimes, but comes out of her shell. She is extremely tough. People love her and love to be around her. She is also extremely beautiful and intelligent.
Man 1: "Dude, Reagan is beautiful"
Man 2: "No she scares me"
Man 1: "But she's strong and intelligent"
Man 2: "No she scares me"
Man 1: "But she's strong and intelligent"
by dovec May 26, 2018
Get the Reagan mug.Regann is a beautiful girl with the most unique name! She loves making other people happy and is extremely hard-working. No matter how much work she has, she always finds time to party. She's wild and knows that you only get one life to live. The boys love her and the girls wanna be her.
Regann
by encourage143 August 23, 2011
Get the Regann mug.