Carternomics
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English
[edit]Etymology
[edit]Blend of Carter + economics, equivalent to Carter + -nomics.
Noun
[edit]Carternomics (uncountable)
- (US politics, often pejorative) Economic policies associated with the administration of Jimmy Carter, 1977-1981.
- 1978 June 1, William Safire, “The New Poor”, in The New York Times[1]:
- 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”, in The Washington Times[2]:
- Mr. Bush's return to Carternomics killed the Reagan boom, resulting in higher unemployment, lower incomes and higher deficits.