Reaganomics (a portmanteau of Reagan and economics attributed to Paul Harvey) refers to the economic policies promoted by United States President Ronald Reagan during the 1980s. The four pillars of Reagan's economic policy were to: reduce the growth of government spending, reduce income and capital gains marginal tax rates, reduce government regulation of the economy, control the money supply to reduce inflation. In his stated intention to cut back on domestic spending while lowering taxes,… (More on Reaganomics)