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View Diary: 2013: Time to push Luntz and Norquist over the Fiscal Cliff (14 comments)

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    Trickle down?    TRICKLE-DOWN!!!   Did SOMEONE say “Trickle-down”??

    P-l-e-a-s-e  ....let the good professor explain "TRICKLE-DOWN-ECONOMICS" to you

    ...since I know that it is a complex, difficult and often misunderstood term.

    After all, it's things like this that keep Economics Professors like me in business, no? 

    I AM sorry that I left my graphs at home, but here goes, anyway:

    Well, basically ,there are two parts to this beautiful , time-tested theory. 

    The FIRST part is the "Trick" part. 

    You MUST realize, you must understand, and you must emphasize that this is ALL a trick. 

    The SECOND part, dear students of the world, is the crucial "Trickle-DOWN" part. 

    That, my friend, simply means that the super rich URINATE all over the rest of us

    ...and then laugh all the way to their off-shore banks and tax-shelters.

    I hope that I have been helpful. Until next time -ask me anything-!

    - Professor America

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