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Reagan Revolution

Definition

The Reagan Revolution refers to the conservative political movement and policies implemented during Ronald Reagan's presidency from 1981 to 1989. It emphasized limited government intervention, lower taxes, deregulation, and a strong national defense.

Analogy

Think of the Reagan Revolution as a complete makeover for the Republican Party. Just like how someone might completely change their hairstyle, wardrobe, and lifestyle in a revolutionized way, Reagan brought significant changes to the party's ideology and approach.

Related terms

Supply-side economics: This term refers to an economic theory embraced by Reagan that suggests reducing tax rates can lead to increased economic growth because it encourages investment and entrepreneurship.

Trickle-down economics: This concept is related to supply-side economics and argues that when wealthier individuals receive tax cuts or benefits, those benefits will eventually "trickle down" to benefit all levels of society.

Neoconservatism: A political philosophy associated with the Reagan era that emphasizes assertive foreign policy, including military intervention if necessary, in order to promote democracy and protect American interests abroad.