Reaganomics

noun1

1. •
   The neoliberal, free market economic ideas and policies of the American president Ronald Reagan (1911–2004) and his two administrations (1981–1989), with a focus on reduced government spending, taxation, and regulations (supply-side economics) and granting potential benefits and encouragement to wealthy people and businesses in particular to drive the rest of the economy (trickle-down hypothesis).

   • However, until the wheels came off the wagon in 2008, no doubt existed as to the efficacy of Bush's Reaganomics redux in feathering the nests of his wealthy “base.” — 2012