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cheezit wrote:http://en.wikipedia.org/wiki/Reaganomics

a natural recovery from the tremendous recession of the previous decade. Probably the biggest factor in the problems with voodoo economics is the over-estimation of increased worker productivity. While cutting taxes may create new jobs, it cannot make people work more hours or longer weeks. The unintended consequence of voodoo economics was a large increase in the national debt, and the loss of vital social programs as government-funded programs had to be cut in response to the tax cuts.