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A comment on Conversation: Trickle down vs. trickle up
...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"le part.
You MUST realize, you must understand, and you must emphasize that this is ALL a trick.
The rich are the "tricksters, and you my poor friends, are the "trick-ees".
Do I make myself clear? Good, then we'll go on to the second part.
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
P.S. Bottom lone: the only acceptable looters are the super-rich.
Anybody else is subject to arrest.