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单词 Bushonomics
释义

Bushonomics

英语百科

Economic policy of the George W. Bush administration

Deficit and debt increases 2001-2008.
President Bush signing the Economic Growth and Tax Relief Reconciliation Act of 2001 in the White House East Room on June 7, 2001
U.S. Current Account or Trade Deficit.
Leverage ratios of investment banks increased significantly between 2003 and 2007.

The economic policy of the George W. Bush administration was a combination of tax cuts, expenditures for fighting two wars, and a free-market ideology intended to de-emphasize the role of government in the private sector. He advocated the ownership society, premised on the concepts of individual accountability, less government, and the owning of property.

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