Crossword Genius

Town Clerk and I'd arranged economic policy? (7-4)

Ross

I believe the answer is:

trickle-down

I'm a little stuck... Click here to teach me more about this clue!

'economic policy?' is the definition.
I know nothing about this answer so I cannot judge whether this works.

'town clerk and i'd arranged' is the wordplay.
'and' says to put letters next to each other.
'arranged' indicates an anagram (letters rearranged).
'town'+'clerk'+'id'='townclerkid'
'townclerkid' anagrammed gives 'TRICKLE-DOWN'.

Can you help me to learn more?

(Another definition for trickle-down that I've seen is " Slowly seep through".)

I've seen this clue in The Independent.
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