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Explain how its supporters defended Reaganomics as a promotion of human liberty.

Explain how its supporters defended Reaganomics as a promotion of human liberty.

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reaganomics for promotion of human liberty

reaganomics is based on the principle of laffer curve developed arthur laffer. this focus on the importance of cutting tax in improving economy of a country. it also supports trickle down economics or supply side econmics which focus on corporate tax cuts, hiring of new employees thereby expanding new bussiness. according to this policy, tax was relieved for rich people so that they can spend more and result in new economy and more jobs.

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