economic cleansing

The methods used by government or those in power to make those pesky poorer people get up and move from the geographic place they live. It could be higher property assessments, highways through poor neighborhoods, higher costs for food, shelter, and even water. If poor people can't live in a certain area then economic cleansing has occurred. It is often subtle and no one ever admits to doing it. It is the final market solution to poverty in any growth oriented prosperous community.market forces ethnic cleansing gentrification progress

The city of Leander engaged in economic cleansing when it raised city water rates so high that poor residents couldn't afford the water bill. The Health Dept. said they can't live in a trailer, where they lived for 30 years, without their city water hookup. They must move. They have been economically cleansed by the city council.

by Caveman Z October 7, 2008

Trickle down economics

A sex act where a wealthy man urinates on a poor worker, claiming that it's good for him.

Trickle Down Economics greatly benefits the poor and my bladder.

by Baldr57 May 29, 2018

economies of scale

When cost of production per unit decreases, as production increases. The good effects of buying in bulk, up to a point.

We benefit from economies of scale at our timber plant.

by Kung-Fu Jesus April 30, 2004

Supply Side Economics

*noun*; a subdivision of economics that focuses on addressing recessions by stimulating supply, rather than demand. During a recession, supply siders recommend cutting taxes rather than increasing government spending.


"Supply side" is in contrast to traditional practitioners of Keynesianism, "demand siders" who believe the main fiscal policy tool for recessions should be increased government spending.

Both supply siders and demand siders believe the government is responsible for formulating effective fiscal policy during recessions.

The most famous advocate of supply side economics was Arthur Laffer.

When Ronald Reagan ...promised to cut taxes ...he claimed tax revenue would go up, not down... as the economy boomed in response to lower rates. Since then, supply side economics ... has become a central tenet of Republican political and economic thinking in the country.

"McCain sticks to Supply Side Economics..." *International Herald Tribune* (24 March 2008)

by Abu Yahya March 5, 2009

economics

The allocation of scarce resources that have alternative uses.

Everyone should have a basic understanding of economics to be an educated citizen

by Thomas Sowell July 22, 2005

Economic shit

Taking a crap that is so clean cut, it only takes one wipe

Sandy: "man that one came out clean, I only had to use one square for Quilted Northern."

Bob: "well shoot dang that was one economic shit."

by DairyMilker August 20, 2011

economic depression

(n.) A severe or long recession.

Ralph: Dude, the feds just lowered interest rates and backed a takeover of a large investment bank after acknowledging that we might be in a recession.

Ted: This recession's been going on since Bush took over. How long until we call it an economic depression?

by Kate Sjostrand March 21, 2008