Government Deficits

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August 31, 2024 4 min read Definitions

Austerity Measures: Policies for Reducing Government Deficits

Economics Finance Government Deficits Spending Cuts Tax Increases Fiscal Policy Economic Policies

Policies aimed at reducing government deficits through spending cuts or tax increases, often more extreme than regular fiscal responsibility measures.

August 31, 2024 5 min read Definitions

Reaganomics: Economic Policies of the Reagan Era

Economics Finance Reaganomics Ronald Reagan Economic Policy Inflation Control Government Deficits

The policy combination of tight monetary policy to discourage inflation, and lax public finance to encourage real growth, implemented during Ronald Reagan's presidency.