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. 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
Get the Sean Pennmug. the source of all knowledge
by rustyshackleford September 16, 2007
Get the wikipediamug. A movie that takes place in Boston that's full of people talking in exaggerated Boston accents and Irish accents. Typically, such movies try to get the message across about just how great Boston is. Boston Movies often star actors who are native to Boston, such as Matt Damon, Mark Wahlberg, Robert Wahlberg, Ben Affleck and Casie Affleck. Such movies tend to be filled with special slang relevant specifically to Boston. Some of the well known Boston Movies are 'Good Will Hunting', 'The Boondock Saints' and 'The Departed'.
In light of its win of the Oscar for Best Picture, 'The Departed' is arguably the greatest Boston Movie.
by rustyshackleford January 3, 2008
Get the Boston Moviemug. a figment of the imagination of Fox News concocted solely for the purpose of stoking anger against secular progressives.
by rustyshackleford January 4, 2008
Get the War on Christmasmug. 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 coolingmug. 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.