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A fairy tale told by Republicans. Based on the idea that if rich people are given Uber-Welfare in the form of tax credits, that they may throw a few crumbs to the rest of us, which somehow benefits us (even though the crumbs we get don't equal the money we've handed over to the rich). see also: absolute bullshit Made popular under the Reagan Administration, it was his Republican primary opponent George Bush (Version 1.0) who coined the term voodoo economics to describe the principle. This, of course, was before it dawned on Bush that he was a rich bastard himself and should probably just keep his mouth shut. Called trickle down as an endearing visual of the upper 1% pissing all over the less fortunate.
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