voodoo economics

English

Etymology

Coined by George H. W. Bush during the 1980 Republican primaries.

Pronunciation

• Audio (General Australian):

  (file)

Noun

voodoo economics (uncountable)

1. (derogatory, slang) Supply-side economics, particularly in reference to policies based on the Laffer curve.
   • 1997, “Electioneering”, in OK Computer, performed by Radiohead:

     Riot shields, voodoo economics / It's just business, cattle prods and the I.M.F / I trust I can rely on your vote