Trickle-down
(adjective)
Describing an economic theory that suggests that benefits to the wealthy will eventually benefit the poor.
Origin:
From the verb "trickle" meaning "flow in small quantities" and the adverb "down" meaning "from a higher to a lower position".
Examples:
- The trickle-down theory is that if the rich get richer, they will spend more money, creating jobs and raising the standard of living for everyone.
- The new tax policy was based on the trickle-down theory.
- The government's trickle-down economic policies have not worked as intended.
- Critics argue that the trickle-down theory is not supported by economic evidence.
- Many argue that trickle-down economics has led to the increasing wealth gap.