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Blend of Carter and economics


Carternomics (uncountable)

  1. (US politics, often pejorative) Economic policies associated with the administration of Jimmy Carter, 1977-1981.
    • 1978 June 1, William Safire, “The New Poor”:
      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”:
      Mr. Bush's return to Carternomics killed the Reagan boom, resulting in higher unemployment, lower incomes and higher deficits.

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