Yet another slang term for vomiting. Rainbow belch is visually akin to technicolor yawn.
When President Obama proposed failed Socialist economic policies as a way to grow the economy, I felt a rainbow belch coming on.
One cannot simply "stick it" to producers (because of class envy, or a perverted concept of "fairness") and expect the economy to grow.
Likewise, America cannot tax itself into prosperity. The incentive to generate a profit is a cornerstone of job creation at every level.
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