Trickle Down Economics

Trickle Down Economics is a blatant strawman of supply-side economics used to demonize supporters of said system.
Those using the term assert that Republicans intend to cut taxes on the rich people, which will then, by some undefined mechanism, cause money to trickle down to the poor.
However, not one economist has ever published a theory on the mechanism behind this so called Trickle Down Theory.
This strawman mainly serves to demonize the Republicans for cutting taxes on the rich. The actual position of the Republicans, supply side economics, asserts a well known phenomenon, wherein cutting taxes on rich people will cause them to invest more money, thus opening new markets or expanding existing ones, creating jobs and generating wealth.
The origins of the term lie in a speech by Franklin Delano Roosevelt, wherein it is asserted that there are two economic theories, one according to which "If we make the rich people richer, somehow they will let a part trickle down to the rest of us.
The second theory ... is that if we make the average of mankind comfortable and secure, their prosperity will rise upwards, just as yeast rises up, through the ranks."
Roosevelt, a democrat ironically enough, mocked this idea himself, however, it has somehow become a staple in politics to claim that this nonexistant theory is somehow the economic position of the Republicans.

Trickle down economics has not worked even once.
By cutting the taxes for the rich, the money they save, so they claim, will some how trickle down to the poor.

by chrischi3 September 14, 2018

Schrodinger's Economist

A guy who answers a question with absolute certainty and then claims he thought he was answering a different question based on people's reaction when he is wrong in order to manifest himself being correct.

John : "Where are crocodiles found?"
Wombat : "They're only found in Australia"
John : *googles it* "No, they're found in Africa and both North and South America as well"
Wombat : "OH! I thought the question was where are crocodiles native to"
John : "You are a Schrodinger's Economist"

by JonathenSmith February 16, 2023

Cave Man Economics

When you would do anything, including taking a club to every person you know, to see top line revenue grow, even if it means eroding profitability and making no money.

Investors: Evan, what's with your financials lately? Revenue is exploding, but you're hemorrhaging cash faster than ever. Do you ever plan to turn a profit? Are you still reading that book on cave man economics?

Evan Spiegel: OOO OOO AHH AHH BIG NUMBER GOOD SMALL NUMBER BAD OOO OOO AHH AHH

by evan spiegel June 13, 2023

Economics

Economics is the ethics of mixing resources with strangers.

There are many disagreements about what Economics thinks is fair.

by insub2 January 19, 2013

economatrix

When you are low on money and so have to do an eco round on CS (Counter Strike), its easier to hear economatrix than the standard Eco as its longer and the "ix" part is particularly easy to pick out even if others are going "hax! hax! that last round was bull!"

Dave: "Eco" (loads of background noise)
Everyone goes: "What?"
Paul: "Economatrix"
Everyone goes: "oh ok"

by Paul Tomlinson April 10, 2005

Economic Rape

Unrestrained greed by Wall Street bankers , Republican puppets and corporate czars-sucking the average American dry and manipulating the voting system to their personal benefit. Their vision for America is a feudal with themselves
above the salt and everyone else a serf.

The occupy movement was a direct response the economic rape by the Wall Street bankers.

by mr equality 19394 August 12, 2012

Encinitas

A quiet beach side community on California's southern coast inhabited by a select few looking to avoid cultural diversity in any way shape or form by way of their insanely large trust funds. Surfing, drug use and the subsequent date rape that follows are all societal hallmarks of this proud community. Another bizarre ritual that has popped up in recent years to only become city-wide tradition is a young boys rite of passage by way of overdose, usually by way of a lethal/fun combination of prescription drugs and cocaine, with the supplies found in their parents bathroom cabinets/purses. Encinitas: Come for the sun drenched useless housewife larvae and stay for the incessant judgement by a hypocritical hybrid surfer-Christians that dominate the void of intellectual thought that pervades the area.

I'd go to Encinitas but I'm black and they might lynch me there for no reason.

by Playershit October 1, 2012