Question

President Reagan's administration (Reaganomics) was focused around which
policies?

Answer 1

The four pillars of Reagan's economic policy were:-

1. to reduce the growth of government spending
2. reduce the federal income tax and capital gains tax
3. reduce government regulation
4. tighten the money supply in order to reduce inflation.

Domestically, the Reagan administration enacted a major tax cut, sought to cut non-military spending, and eliminated federal regulations. The administration's economic policies, known as "Reaganomics", were inspired by supply-side economics.

Answer 2

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.