From Longman Dictionary of Contemporary EnglishReaganomicsRea‧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)From Longman Business DictionaryReaganomicsRea‧gan‧om‧ics /ˌreɪgəˈnɒmɪks-ˈnɑː-/ noun [uncountable]ECONOMICS the economic policies followed in the 1980s by the US under President Reagan. These included support for the free market, cutting taxes and public spending, and reducing government control of business and industry
