Tag Archives: trickle down economics

The ‘Trickle Down’ or More Appropriately the ‘Piss Down’ Effect

During the early years of his administration President Reagan was attempting to sell tax cuts for the rich. The public wasn’t buying this proposal until David Stockman, the White House budget director, suggested that if the rich get more money, the wealth will ‘trickle down’ to the masses, thereby forming a key formula for what […]