Reaganomics

E16700

Reaganomics is the conservative, supply-side economic program of U.S. President Ronald Reagan, emphasizing tax cuts, deregulation, reduced social spending, and tight monetary policy to curb inflation and stimulate growth.

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AI-generated illustration of Reaganomics

This AI-generated illustration was produced by black-forest-labs/FLUX.2-dev (1024x1024) from a prompt written by openai/gpt-oss-120b from the entity's label + description.

Prompt

Generate an image of Reaganomics (Reaganomics is the conservative, supply-side economic program of U.S. President Ronald Reagan, emphasizing tax cuts, deregulation, reduced social spending, and tight monetary policy to curb inflation and stimulate growth.)

All labels observed (6)

How this entity was disambiguated

Statements (69)

Predicate Object
instanceOf conservative economic policy ⓘ
economic policy ⓘ
macroeconomic policy ⓘ
supply-side economics ⓘ
aimedAt encouraging entrepreneurship ⓘ
increasing employment ⓘ
increasing private investment ⓘ
reducing inflation ⓘ
reducing size of government relative to economy ⓘ
stimulating economic growth ⓘ
alsoKnownAs Reagan economic policy ⓘ
linked to: Reaganomics
appliedInJurisdiction United States federal government ⓘ
appliesToJurisdiction U.S. federal budget policy ⓘ
U.S. federal regulatory policy ⓘ
U.S. federal tax system ⓘ
characteristic emphasis on deregulation of markets ⓘ
emphasis on tax cuts for individuals and businesses ⓘ
reduction in growth of social welfare spending ⓘ
support for strong independent central bank ⓘ
country United States ⓘ
criticizedFor benefiting high-income groups disproportionately ⓘ
contributing to large federal budget deficits ⓘ
increasing income inequality in the United States ⓘ
increasing national debt ⓘ
reducing funding for social programs ⓘ
endTime 1989 ⓘ
follows stagflation of the 1970s ⓘ
hasEffect decline in inflation rate in early 1980s United States ⓘ
long-term shift toward market-oriented policies in U.S. politics ⓘ
period of economic expansion in mid-1980s United States ⓘ
rise in unemployment in early 1980s recession ⓘ
hasPart anti-inflation monetary policy ⓘ
corporate tax reductions ⓘ
cuts to domestic discretionary spending growth ⓘ
deregulation ⓘ
deregulation of energy sector ⓘ
deregulation of telecommunications sector ⓘ
deregulation of transportation sector ⓘ
financial deregulation ⓘ
increased defense spending ⓘ
reduced social spending growth ⓘ
reduction of capital gains taxes ⓘ
reduction of marginal income tax rates ⓘ
supply-side tax reforms ⓘ
tax cuts ⓘ
tight monetary policy ⓘ
implementedBy Reagan administration ⓘ
Republican Party (United States) ⓘ
linked to: Republican Party

Ronald Reagan ⓘ
implementedThrough Economic Recovery Tax Act of 1981 ⓘ
Omnibus Budget Reconciliation Acts of the 1980s ⓘ
Tax Reform Act of 1986 ⓘ
budget cuts to domestic programs ⓘ
deregulatory executive orders ⓘ
influencedBy Arthur Laffer ⓘ
Chicago school of economics ⓘ
Laffer curve ⓘ
Milton Friedman ⓘ
classical liberalism ⓘ
laissez-faire economics ⓘ
monetarism ⓘ
supply-side economics ⓘ
namedAfter Ronald Reagan ⓘ
opposedBy many Democrats in the United States ⓘ
progressive economists ⓘ
startTime 1981 ⓘ
supportedBy Republican Party (United States) ⓘ
linked to: Republican Party

business interests ⓘ
economic conservatives ⓘ

How these facts were elicited

Referenced by (22)

Full triples — surface form annotated when it differs from this entity's canonical label.

Ronald Reagan → economicPolicy → Reaganomics ⓘ
Thatcherism → influenced → Reaganomics ⓘ
Thatcherism → relatedConcept → Reaganism ⓘ
linked to: Reaganomics
Reaganomics → alsoKnownAs → Reagan economic policy ⓘ
linked to: Reaganomics
Economic Recovery Tax Act of 1981 → policyApproach → Reaganomics ⓘ
subject linked to: ERTA
Public Law 97-34 → partOf → Reaganomics ⓘ
Reagan-Bush campaign → ideology → Reaganism ⓘ
linked to: Reaganomics
Gramm–Latta Budget → partOf → Reaganomics ⓘ
Economic Recovery Tax Act of 1981 → partOfEconomicProgram → Reaganomics ⓘ
subject linked to: ERTA of 1981
97-34 → historicalContext → Reagan administration economic program ⓘ
linked to: Reaganomics
OBRA 1981 → partOf → Reaganomics ⓘ
Kuznets curve → associatedWith → trickle-down hypothesis ⓘ
linked to: Reaganomics
Public Law 97-248 → partOf → Reagan administration economic policy ⓘ
linked to: Reaganomics