Rubinomics, a portmanteau of Rubin and economics, was originally used to collectively describe the economic policies of President of the United States Bill Clinton. It is named after Robert E. Rubin, former United States Secretary of the Treasury.

Rubinomics emphasizes the importance of balancing the government budget. Taxes should match government spending in the long run, and deficit-financed tax cuts are not an effective way to increase growth.

The most common goal of Rubinomics found around the world is the ability to maintain balanced budgets year after year. Balanced government budgets support stable currency values and improve foreign investor confidence.

Supporters of Rubinomics claim that governments need a great deal of flexibility in spending to react whenever urgent problems or crises arise unexpectedly. Staunch supporters also claim that a struggling country may even alleviate poverty greatly if Rubinomics is pursued in the long term, probably caused by policies that encourage middle-class growth.

Supply-side economic theory argues that government deficits are harmless in the long run because the tax-cut stimulus will lead to long-run growth. Rubinomics argue that these deficits are not so harmless because they push up interest rates, making investment more difficult.

President Clinton's decision to raise taxes in the United States in 1993 in response to years of deficits reflected the rising concerns over the US government debt.