Voodoo Economics

C2 16+

Pronunciation: /vuːduː ˌɛkəˈnɑmɪks/

Definitions of voodoo economics

noun a derogatory term for economic theories or practices considered to be misguided or flawed

Example Sentences

A1 Voodoo economics is a term used to describe economic policies that are based on unrealistic assumptions.

A2 Some people believe that voodoo economics can lead to negative consequences for the economy.

B1 Critics argue that voodoo economics often involves cutting taxes without considering the impact on government revenue.

B2 The concept of voodoo economics gained popularity during the 1980s, particularly in relation to supply-side economics.

C1 Economists have debated the effectiveness of voodoo economics in stimulating economic growth and reducing unemployment.

C2 The term voodoo economics is often used in a derogatory manner to criticize economic policies that lack sound theoretical basis.

Examples of voodoo economics in a Sentence

formal The concept of voodoo economics refers to the economic theories that are considered unrealistic or overly optimistic.

informal Some people believe that voodoo economics is just a fancy term for wishful thinking.

slang I don't buy into that voodoo economics nonsense - it's all smoke and mirrors.

figurative His plan to boost the economy seemed like a form of voodoo economics, promising big results with little substance.

Grammatical Forms of voodoo economics

past tense

voodooed

plural

voodoo economics

comparative

more voodoo economics

superlative

most voodoo economics

present tense

voodoo economics

future tense

will voodoo economics

perfect tense

have voodooed economics

continuous tense

is voodooing economics

singular

voodoo economics

positive degree

voodoo economics

infinitive

to voodoo economics

gerund

voodooing economics

participle

voodooed economics

Origin and Evolution of voodoo economics

First Known Use: 1980 year
Language of Origin: English
Story behind the word: The term 'voodoo economics' was coined by George H.W. Bush during his campaign for the Republican presidential nomination in 1980.
Evolution of the word: Initially used as a derogatory term to criticize Ronald Reagan's economic policies, 'voodoo economics' has evolved to describe any economic theory or policy that is considered unrealistic or overly optimistic.