The right is an extremely biased end of the political spectrum.
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The Income Effect is the effect that occurs when the price of a good you buy decreases, such that the money you save actually increases your income. For example, if you drink a gallon of milk each week and the price of that gallon decreases by 25 cents, then you have 25 cents extra to spend on something else. It is as though your income went up by 25 cents.
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Most republicans once you have met them suffer fromn delusions and a general lack of common sense. Whether this is because of their undying worship of Jesus, the brain drain machines used on new Right Wing Cultists, or because their parents were brother and sister we shall never know.