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Definition 2024


Carternomics

Carternomics

English

Noun

Carternomics (uncountable)

  1. (US politics, often pejorative) Economic policies associated with the administration of Jimmy Carter, 1977-1981.
    • 1978, June 1, William Safire”, in The New Poor:
      Carternomics stimulates the economy to reduce unemployment and help the "old" poor, while it causes runaway inflation that creates legions of the new poor.
    • 1993, October 31, Taxing the patience in Jersey election:
      Mr. Bush's return to Carternomics killed the Reagan boom, resulting in higher unemployment, lower incomes and higher deficits.

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