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Its actually supply side economics..."Trickle-Down" is a liberal term used to discredit Reagan, plus it's an incorrect description of Reagan's policies, which implies trickle down from the top. This is not true. Maybe trickle out?
You are correct that the term "trickle-down" is derogatory (as I already pointed out), but incorrect that it does not accurately (if somewhat nastily) describe the idea: give more money to those who already have a lot, and they will invest it in ventures that create jobs, thus allowing the wealth to "trickle down" to the less-wealthy.
That's also the idea behind "supply-side" economics: provide more to the investors at the top of the tree, thereby boosting the production side of the economy.
By giving a tax break to the middle class, though, the Emperor was actually practicing "demand-side" economics.
"Give more money"?
You think it's the governments money and they are "giving" it to taxpayers?
Do you know how totally wrong that is?