What does voodoo economics mean?

Definitions for voodoo economics
voodoo eco·nomics

Here are all the possible meanings and translations of the word voodoo economics.

GCIDE

  1. Voodoo economics(n.)

    an economic hypothesis, proposed by President Ronald Regan, that large cuts in tax rates would so stimulate the economy that the tax revenue on the increases in business and personal income would offset the anticipated tax revenue losses, so that such tax cuts would not increasing the federal budget deficit. Its believers do not consider the actual massive deficit increases subsequent to the 1982-83 tax cut as being caused by the tax cut itself, but by other governmental policies. This hypothesis was graphically illustrated by the Laffer curve.

Wiktionary

  1. voodoo economics(Noun)

    supply-side economics

How to pronounce voodoo economics?

  1. Alex
    Alex
    US English
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    Daniel
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How to say voodoo economics in sign language?

  1. voodooeconomics

Numerology

  1. Chaldean Numerology

    The numerical value of voodoo economics in Chaldean Numerology is: 4

  2. Pythagorean Numerology

    The numerical value of voodoo economics in Pythagorean Numerology is: 2

Examples of voodoo economics in a Sentence

  1. Ferris Bueller's Day Off:

    Economics Teacher In 1930, the Republican-controlled House of Representatives, in an effort to alleviate the effects of the... Anyone Anyone... the Great Depression, passed the... Anyone Anyone The tariff bill The Hawley-Smoot Tariff Act Which, anyone Raised or lowered... raised tariffs, in an effort to collect more revenue for the federal government. Did it work Anyone Anyone know the effects It did not work, and the United States sank deeper into the Great Depression. Today we have a similar debate over this. Anyone know what this is Class Anyone Anyone Anyone seen this before The Laffer Curve. Anyone know what this says It says that at this point on the revenue curve, you will get exactly the same amount of revenue as at this point. This is very controversial. Does anyone know what Vice President Bush called this in 1980 Anyone Something-d-o-o economics. Voodoo economics.

Images & Illustrations of voodoo economics

  1. voodoo economics

Translation

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