Trickle Down Economics

"Trickle-down economics" and "the trickle-down theory" are terms that refer to the policy of providing across the board tax cuts or benefits to businesses and the wealthy, such as tax breaks, in the belief that this will indirectly benefit the broad population. The term has been attributed to humorist Will Rogers, who said during the Great Depression that "money was all appropriated for the top in hopes that it would trickle down to the needy." ...more
Trickle down economics! Let's call it what it really is "tinkle down economics." more