58 definitions by Charles_U_Farley

an unoffical term, used to describe the economic policy of President Barack Obama.

Obama, being a Democrat, thinks that economic policy should NOT make the rich richer while making the poor poorer. He is smart enough to realize trickle-down economics is absurd. If you strengthen the working class, then all people will benefit. Obama thinks the 90% of the population that is not rich is more important than the 10% who are rich.

People who have supported Barack Obama as a candidate and as President.

1.) Voters in 2008 who were smart enough to realize that after 8 years of destructitive behavior from the Bush Administration, we needed a drastic change to restore America to its former glory. These people also were smart enough to know that if John McCain was elected he would continue to lead us on the same disastrous path as Bush43 . These people voted for Obama.

2.) From the time he took office in January 2009, Obama has been working hard to repair the damage Bush caused to our economy and our standing in the global community.
These things take time and patience. Obama's supporters know this and want to help him continue to work for all of us. In the tough times in 2009-2010, some people are wondering about Obama's plans, and wonder why the Bush Depression is lasting so long. His patient supporters still know they made the right choice in 2008. They know it takes time to fix the historic clusterfuck Bush left behind! l

A highly inappropriate term for the extension of the Bush Tax Cuts!
In December 2010 the tax cuts were set to expire. President Obama and the Congressional Democrats wanted to let the tax cuts for the richest 2% expire and extend the tax cuts for the other 98%. Also at this time, the federal unemployment payments were set to end. Congressional Republicans didnot want to extend the unemployment benefits because it was "too costly," so they held the long-term unemployed hostage until Democrats extended the tax cuts for the richest 2%!!!
Obviously, the Democrats went along for the sake of the unemployed and to keep the tax cuts for those that actualy needed them. Republicans showed their true colors (caring only for the rich) while the Democrats were again the ones showing fiscal resposibility!

Elected Governor of Wisconsin in 2010 as part of the Corporate Jihad. In early 2011, he showed the world that he and the Tea Party are very anti-union and are out to destroy unions and all they have achieved. The money grubbing scum obviously holds power over Scott Walker. He claims to be trying to balance the state budget (after his pro-rich/pro-business tax cuts) by cutting state labor costs. The unions and their supporters filled the capitol with demonstrators, which the heartless bastard ignored.

The eight long years from Jan. 20, 1981-Jan. 20,1989. The Republican president, Ronald Wilson Reagan worked hard as commander in chief in the war on the middle class. The heinous eCONomic policy called "trickle down economics" or Reganomics cut taxes on the big businesses and the rich. This shifted the tax burden to the middle class and tripled the national debt. Dennis Miller described "trickle down" best when he acknowledged this truth: "they admit it-- they're gonna piss on you!"
Along with the terrible eCONomic policy, Ronald Reagan worked to destroy unions (remember air traffic controllers' strike?) During the Reagan Administration, the U.S. backed Saddam Hussein during his war with Iran and helped to establish the Taliban to help Afganistan fight off the Soviet Union. (Funny how the G.O.P. changed course on this)

An underhanded way to avoid lying under oath. The term is derived from Ronald Reagan's comments and testimony during the Iran-Contra hearings. When asked difficult questions about his involvement in illeagally funding the Contras, rather than pleading the 5th he would just say "I don't recall."

Usually when someone refuses to answer a question during testimony they look guilty, Reagan just sounded like a dumbass. Was it just a scam or had the alzheimers already started to affect him?

A term describing the faulty logic of Reaganomics. Also known as trickle down, the theory is that if you reduce income (i.e. cut taxes) then you somehow generate more revenue. Obviously, this is not rational thinking.

The proof that this did not work (as if anyone needed it) is the fact that the national debt tripled during the Reagan Administration.