▁it ▁go ▁and ▁it ▁will ▁reach ▁the ▁dri est ▁little ▁spot . ▁But ▁he ▁didn ’ t ▁know ▁that ▁money ▁trick led ▁up . ▁Give ▁it ▁to ▁the ▁people ▁at ▁the ▁bottom ▁and ▁the ▁people ▁at ▁the ▁top ▁will ▁have ▁it ▁before ▁night , ▁any how . ▁But ▁it ▁will ▁at ▁least ▁have ▁passed ▁through ▁the ▁poor ▁fellow ' s ▁hands . ▁They ▁saved ▁the ▁big ▁banks , ▁but ▁the ▁little ▁ones ▁went ▁up ▁the ▁fl ue . ▁ ▁William ▁J . ▁Ben nett ▁wrote : H um or ist ▁Will ▁Rog ers ▁referred ▁to ▁the ▁theory ▁that ▁cutting ▁tax es ▁for ▁higher ▁ear ners ▁and ▁business es ▁was ▁a ▁" tr ick le - down " ▁policy , ▁a ▁term ▁that ▁has ▁stuck ▁over ▁the ▁years . ▁ ▁President ial ▁speech writer ▁Samuel ▁Rosen man ▁wrote : The ▁philosophy ▁that ▁had ▁pre va iled ▁in ▁Washington ▁since ▁ 1 9 2 1 , ▁that ▁the ▁object ▁of ▁government ▁was ▁to ▁provide ▁prosper ity ▁for ▁those ▁who ▁lived ▁and ▁worked ▁at ▁the ▁top ▁of ▁the ▁economic ▁py ram id , ▁in ▁the ▁belief ▁that ▁prosper ity ▁would ▁trick le ▁down ▁to ▁the ▁bottom ▁of ▁the ▁heap ▁and ▁benefit ▁all . ▁ ▁The ▁Mer ri am - Web ster ▁Dictionary ▁notes ▁that ▁the ▁first ▁known ▁use ▁of ▁" tr ick le - down " ▁as ▁an ▁ad jective ▁meaning ▁" rel ating ▁to ▁or ▁working ▁on ▁the ▁principle ▁of ▁trick le - down ▁theory " ▁was ▁in ▁ 1 9 4 4 ▁while ▁the