Voodoo Economics

What Does Voodoo Economics Mean?
A slanderous term used by President George H. W. Bush in reference to President Reagan's economic policies known as Reaganomics.

Investopedia explains Voodoo Economics
Before President Bush became Reagan's Vice President, he viewed his eventual running mate's economic policies less then favorably.

Reagan was a proponent of supply-side economics, favoring reduced income and capital gains tax rates.

Related Terms

Deficit
Fiscal Policy
Inflation
Keynesian Economics
Money Supply
Reaganomics
Rose-Colored Recession
Supply-Side Theory
Voodoo Accounting
More Related Terms

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