Reaganomics

Many opponents of Reaganomics, in fact, don't contend that the program can't work over the long run. But they argue that the program can not work the way the President promised and that the resulting social cost isn't worth it.

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.”