Rea‧gan‧om‧ics /ˌreɪɡəˈnɒmɪks $ -ˈnɑː-/ noun [uncountable]
the economic policies of the US government during the time when Ronald Reagan was president(1981–89), especially the policy of reducing taxes and reducing government spending on welfare (=help for poor people, people without jobs etc)

[TahlilGaran] Dictionary of Contemporary English ▲