An idiotic excuse for an economic policy. Practiced by President Herbert Hoover, to no beneficial effect.
by Albie Wangsta April 13, 2004
Get the trickle-down economics mug.The financial principle of bleeding the poor and middle class of any expendable income (and some necessary income) so they cannot buy anything, thus impacting the government-supported mega-corporations and lending institutions, requiring Republican idiots to give them more money to continue their financial destruction of the United States. Amen.
A: Did you hear about AIG? Another quintessential example of trickle up economics.
B: Is my bank account safe?
A: About as safe as a $3 gallon of gas.
B: So, not that safe? I'm not sure what you're saying.
A: Oh, I'm just joking around with you.
A&B together: Aaaaaaahahahahahah.
B: Is my bank account safe?
A: About as safe as a $3 gallon of gas.
B: So, not that safe? I'm not sure what you're saying.
A: Oh, I'm just joking around with you.
A&B together: Aaaaaaahahahahahah.
by ChuckChaser69 October 31, 2008
Get the trickle up economics mug.Related Words
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• economic Darwinism
• Economic Terrorists
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by riskdoctor December 10, 2009
Get the economagician mug.Is the abuse of capitalism; there are two parts to Asshole Economics. First is Price gouging, the second is poor wages. In price gouging, the theory is to charge as much as the consumer is has to pay, vice how much a consumer is willing to pay. The price of the item is based off a need; the higher the need, the higher the price. Housing, pharmaceuticals and gasoline are much needed items that are price gouged. Banks that offer Adjustable Rate Mortgages start off with offering a monthly mortgage of $500, then it rapidly increases to $2500 per month in a short period of time. Pay-Day loans are yet another example of Asshole Economics, they are legal loan sharks, and they generally target military, low income and minorities. Higher Education is also guilty of this by charging exorbitant tuition fees and pricey text books, insuring that college is out of reach for the working classes.
In poor wages; the asshole managers will be totally opposed to minimum wage, citing buzzwords like “competitive performance”. When Minimum wages are imposed by the state, the asshole economist will be making massive profits, but still pay their staff barely enough to keep them from leaving. To sum up the meaning of Asshole Economics; The rich stay rich, the poor will remain poor.
In poor wages; the asshole managers will be totally opposed to minimum wage, citing buzzwords like “competitive performance”. When Minimum wages are imposed by the state, the asshole economist will be making massive profits, but still pay their staff barely enough to keep them from leaving. To sum up the meaning of Asshole Economics; The rich stay rich, the poor will remain poor.
Example #1
Customer: “I need these medications, if I don’t get them, I could die!”
Pharmacist: “Well, that’s your problem. It’s $3055.35 for your cancer treatment drugs, you only have $250.”
Customer #2 “Well, that’s Asshole Economics are work!”
Example #2
Employee “I have been working here for the last five years, I felt it was time to ask for a raise”
Asshole Boss “You have been working for the past five years, I felt it is time to ask for your resignation.. the answer is ‘NO’”
Employee “That’s not right!, what is this Asshole Economics?”
Asshole Boss “I will be nice to you today, either get back to work or go home”
Example #3
Homeowner: “But you said the rate would never go past $100 dollars!”
Broker: “It doesn’t matter what I said, it’s what you agreed to when you signed the contract”
Homeowner“I can’t afford this!
Broker: “Sorry to hear about this, maybe you can try payday loans.”
Homeowner: “What do you have your degree in? Asshole Economics?”
Customer: “I need these medications, if I don’t get them, I could die!”
Pharmacist: “Well, that’s your problem. It’s $3055.35 for your cancer treatment drugs, you only have $250.”
Customer #2 “Well, that’s Asshole Economics are work!”
Example #2
Employee “I have been working here for the last five years, I felt it was time to ask for a raise”
Asshole Boss “You have been working for the past five years, I felt it is time to ask for your resignation.. the answer is ‘NO’”
Employee “That’s not right!, what is this Asshole Economics?”
Asshole Boss “I will be nice to you today, either get back to work or go home”
Example #3
Homeowner: “But you said the rate would never go past $100 dollars!”
Broker: “It doesn’t matter what I said, it’s what you agreed to when you signed the contract”
Homeowner“I can’t afford this!
Broker: “Sorry to hear about this, maybe you can try payday loans.”
Homeowner: “What do you have your degree in? Asshole Economics?”
by Anon-in-IL-Again March 24, 2008
Get the Asshole Economics mug.by Sas123 March 30, 2009
Get the Economotastrophy mug.This term is widely used by American retailers and politicians to describe the economic situation that crippled most American businesses from the now present Chinese covid 19 virus.
Radio ad: Because of economic turmoil the Auto industry across America has too many new cars and must sell at rock bottom pricing! So bring your $1200 stimulus check .............
by JoeyBomm July 4, 2020
Get the economic turmoil mug.targeted efforts by a government to keep the economy of a nation at a steady rate of growth, with the goal of being sustained for a long period of time
by cylerguy January 27, 2021
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