RustyShackleford 's definitions
A government ecomomic plan in which taxes are lowered on the wealthy so that they have incentives to do things with the extra money they would have would lead it to 'trickle down' to the middle and lower classes.
For example, the wealthy might use the extra money to expand their businesses or buy more shares in the stock market, thus expanding the economy and providing more jobs for those in the middle and lower classes.
The wealthy might also spend the extra money on more goods and services, thus providing the middle and lower classes with more work.
Probably the most significant stream of money trickling down is from the extra money that the wealthy put in banks. Because there is more money in banks, there is more money for the middle and lower classes to borrow for buying houses and starting and expanding businesses.
Many liberals like to attack trickle down economics as an unfair benefit to the wealthy. Their mistake is that they ignore the idea of the "invisible hand" that is implicitly behind the idea for such an economic policy. Trickle down economics is good because it inevitably leads to more jobs and money for the middle and lower classes and to an expanding economy.
For example, the wealthy might use the extra money to expand their businesses or buy more shares in the stock market, thus expanding the economy and providing more jobs for those in the middle and lower classes.
The wealthy might also spend the extra money on more goods and services, thus providing the middle and lower classes with more work.
Probably the most significant stream of money trickling down is from the extra money that the wealthy put in banks. Because there is more money in banks, there is more money for the middle and lower classes to borrow for buying houses and starting and expanding businesses.
Many liberals like to attack trickle down economics as an unfair benefit to the wealthy. Their mistake is that they ignore the idea of the "invisible hand" that is implicitly behind the idea for such an economic policy. Trickle down economics is good because it inevitably leads to more jobs and money for the middle and lower classes and to an expanding economy.
Liberals should actually take a class in macroeconomics before they start complaining about trickle down economics.
by rustyshackleford January 4, 2008
Get the trickle down economicsmug. people who KNOW that the Holocaust happened but just like to say that it didn't all because they're just anti-semitics assholes
Ever noticed how Holocaust deniers usually also tend to be anti-zionists. It's no coincidence. Holocaust denial is a result of anti-semitism.
by rustyshackleford January 4, 2008
Get the Holocaust deniersmug. A very leftist Hollywood documentary filmmaker who also writes some books. He has been accused by many of telling lies in his movies but I tend to believe that he is overall honest because he is an Eagle Scout.
by rustyshackleford January 4, 2008
Get the Michael Mooremug. Tim Robbins: Let me explain to you how this works: you see, the corporations finance Team America, and then Team America goes out... and the corporations sit there in their... in their corporation buildings, and... and, and see, they're all corporationey... and they make money.
by rustyshackleford January 4, 2008
Get the corporationeymug. by rustyshackleford January 3, 2008
Get the dickformug. a new martial arts style that involves dry humping, ball grabbing and lip kissing your opponent into submission
by rustyshackleford January 3, 2008
Get the Molestomug. An honest, witty, intelligent and insightful conservative writer who effectively communicates the right-wing message and proves that liberals are wrong about everything... just kidding!
Ann Coulter called Katie Couric "the affable Eva Braun of morning TV" just because she's jealous that Katie is 4 years older and 10 inches shorter yet 20 times hotter than her.
by rustyshackleford November 2, 2007
Get the ann coultermug.