An incredibly simplistic view of economics that is probably not actually be based on reality but resonates with people who have no actual understanding of the related events.
"A couple of days ago, Saudi Arabia said ‘Let's raise the price, let's cut back production,' can you believe it, you're going to be paying five or six dollars a gallon for gasoline pretty soon," Trump said. " They want to raise the price the oil because we have nobody in Washington that sits back and said, ‘You're not going to raise that fucking price." - Donald Trump using Trumponomics to explain the recent rise in oil prices.
by Mearn April 30, 2011
An incredibly simplistic view of economics that is probably not actually be based on reality but resonates with people who have no actual understanding of the related events.
"A couple of days ago, Saudi Arabia said ‘Let's raise the price, let's cut back production,' can you believe it, you're going to be paying five or six dollars a gallon for gasoline pretty soon," Trump said. " They want to raise the price the oil because we have nobody in Washington that sits back and said, ‘You're not going to raise that fucking price." - Donald Trump using Trumponomics to explain the recent rise in oil prices.
by Mearn April 30, 2011
I'm ready to coin the term Trumpononics: Economic policy proposals, often delivered via tweet or at a large public rally, that appear superficially to benefit working class Americans, despite all objective evidence to the contrary, yet are hailed by Trump's supporters as a victory.
Trump supporters cheered after the president's tweet about a 10% tariff on all imported Chinese goods. This is more Trumponomics, as most credible economics believe tariffs such as these will only increase the prices most Americans have to pay for goods.
by erlichmanr January 3, 2017
A branch of dark economics that studies how rogue organizations or charities use tax loopholes and fake or sham practices to benefit the owners and their family members and cronies.
MBA students taking the Trumponomics module never fail to discuss Trump University and Trump Foundation as two classic examples of white-collar crime.
by Fasters February 1, 2023
An economic system where corporations and billionaires get huge tax breaks and refunds the rest of us get chump change.
OG: Why is my big tax refund less than the cost of a meal as Micky D's?
G: That's Trumponomics for ya.
G: That's Trumponomics for ya.
by theauthormarkwilkins January 26, 2017
An economic system where taxes are lowered for everybody and the lower tier of the income bracket is no longer required to pay federal income tax, the lower rate acts as an incentive for businesses to come to America and thus you are likely to see more tax receipts than ever before.
Money goes where money is welcome and with Trumponomics I may want to take my business to America instead of Ireland because they are finally offering a competitive tax rate Ireland is still slightly better but at least it seems my money is welcome. Taxation is theft .
by Justicetarian February 2, 2017