A system of Fiscal sabotage also known as voodoo economics put in place by Ronald Reagan
Reaganomics shifted the tax burden from the wealthy to the middle class, real income plummeted for most Americans while CEO salaries and the national debt sored!
by SKY_DOG September 10, 2011
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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.
by Mr.Juan-derful August 07, 2010
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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!
by Sal November 10, 2003
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1. Reduce the growth of government spending.
2. Reduce marginal tax rates on income from labor and capital.
3. Reduce regulation.
4. Control the money supply to reduce inflation.
These are the four basic principals of Reaganomics.
by david smith , jr. March 03, 2008
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The sexual act of ejaculating inside a girls vagina, then having her stand up.
My girl and I love Reaganomics, but my poor carpet doesn't.
by gdsfdsfndfgdsgdfgsds December 11, 2010
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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."
"Good choice, Ron. We'll call it Reaganomics."
"Uh, OK."
by MarkusRTK April 25, 2004
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