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 economics mug.Jesse Ventura: I'm not going to have no wimpy Secretary of Defense. *I'm* going to have a Secretary of Offense, in the Department of Kicking Butt.
by rustyshackleford January 4, 2008
Get the Department of Kicking Butt mug.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 Moore mug.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 Molesto mug.Something that happened during the 1970's due to humans spewing aerosols into the atmosphere. Once we stopped spewing aerosols into the atmosphere, global cooling stopped, thus proving that human society CAN affect global climate. The concern over global cooling was exaggerated by Newsweek in the 1970's and as a result many conservatives completely distort the issue in order to attack the current scientific consensus on global warming.
That they do this based on a Newsweek article is bizarre considering that most of the time they complain about how the mainstream media distorts the news. Of course, in this instance Newsweek just so happened to NOT be distorting the news for some reason. At least according to many conservatives.
That they do this based on a Newsweek article is bizarre considering that most of the time they complain about how the mainstream media distorts the news. Of course, in this instance Newsweek just so happened to NOT be distorting the news for some reason. At least according to many conservatives.
I'm sick and tired of hearing right-wing talk radio show hosts continuing to distort the global cooling of the 1970's.
by rustyshackleford January 4, 2008
Get the global cooling mug.A conservative organization that monitors the content of television shows in order to determine which ones are okay to let their children watch. While many complain that they are trying to infringe upon free speech, they are actually performing a very valuable service. You can figure out how good any given show is by how low they rate it.
I learned that 'Family Guy' is a really good show based on the very low rating that the parent's television council gave it.
by rustyshackleford August 15, 2007
Get the parent's television council mug.Sean Penn is a huge hypocrite for bashing America for stealing its land from Native Americans but ignores the fact that the movies he's in are made by film companies based in America, filmed on American land and seen by paying American customers in American movie theaters.
by rustyshackleford January 4, 2008
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