4/15 Class Flashcards
1
Q
NeoLiberalism
A
Reagan wanted to freeze the New Deal Reagan: supply side assumptions lower spending(in theory; not reality) deregulation continues tight monetary policy Tax Cut of 1981 Deficit Expanded Poverty and Inequality Increased Tax Reform Act of 1986 (pragmatic side)
exports went down
american telephone and telegraph company
2
Q
Voodoo Economics
A
coined by Bush, saying that Reagan economics were this
3
Q
The finance-ization of the economy
A
next great merger movement in the 1980s
4
Q
Triumphant Culture of Money
A
people celebrated money
