Uploaded June 2026 | Updated September 2026, 3 weeks ago

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President Ronald Reagan explains Reaganomics in less than 30 seconds during a memorable moment from the 1980 presidential debate against President Jimmy Carter.

In this iconic exchange, Ronald Reagan outlines the economic principles that would come to define his presidency, including lower taxes, economic growth, and expanding opportunity for American families.

Watch this classic debate moment and hear President Reagan's own definition of Reaganomics.

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