What is another word for trickle-down theory?
Pronunciation: [tɹˈɪkə͡ldˌa͡ʊn θˈi͡əɹi] (IPA) 
The trickle-down theory, also known as supply-side economics, argues that if wealthy individuals and businesses are given tax breaks and other incentives, their increased earnings will create economic growth that will eventually benefit everyone in society. This theory has been criticized as being ineffective and favoring the wealthy over the middle and lower classes. Synonyms for the trickle-down theory include Reaganomics, voodoo economics, and supply-side theory. Other terms that describe this economic philosophy are neoliberalism, market fundamentalism, and laissez-faire economics. Despite its detractors, trickle-down theory remains a popular policy among some politicians and economists.
