Reaganomics | Wikipedia audio article
Channel: wikipedia tts
Date: 2019-05-07

This is an audio version of the Wikipedia Article:
https://en.wikipedia.org/wiki/Reaganomics


00:01:19 1 Historical context
00:04:43 2 Justifications
00:06:05 3 Policies
00:14:09 4 Results
00:14:18 4.1 Overview
00:18:24 4.2 Employment and wages
00:20:16 4.3 Growth rates
00:21:26 4.4 GDP growth
00:22:08 4.5 Income and wealth
00:23:15 4.6 Poverty level
00:24:47 4.7 Federal income tax and payroll tax levels
00:26:13 4.8 Tax receipts
00:28:57 4.9 Debt and government expenditures
00:31:09 4.10 Business and market performance
00:32:00 4.11 Size of federal government
00:32:53 4.12 Income distribution
00:34:23 5 Analysis
00:47:35 6 See also



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Voice name: en-AU-Wavenet-A


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SUMMARY
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Reaganomics (; a portmanteau of [Ronald] Reagan and economics attributed to Paul Harvey) refers to the economic policies promoted by U.S. President Ronald Reagan during the 1980s. These policies are commonly associated with supply-side economics, referred to as trickle-down economics or voodoo economics by political opponents, and free-market economics by political advocates.
The four pillars of Reagan's economic policy were to reduce the growth of government spending, reduce the federal income tax and capital gains tax, reduce government regulation, and tighten the money supply in order to reduce inflation.The results of Reaganomics are still debated. Supporters point to the end of stagflation, stronger GDP growth, and an entrepreneur revolution in the decades that followed. Critics point to the widening income gap, what they described as an atmosphere of greed, and the national debt tripling in eight years which ultimately reversed the post-World War II trend of a shrinking national debt as percentage of GDP.