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Word: buchananist (lookup in dictionary) (lookup stats)
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...MAJORITY OF AMERICANS, WHO haven't had a real raise in years, see their choice as between Newtonian trickle-down economics and Buchananist nativist-protectionism, they'll take the latter. The economy is growing, but almost nothing is trickling down. Even though Buchananism would stifle growth, some might find a larger slice of a smaller pie better than a shrinking slice of a growing pie. Is there a third option? Can we have our growing piece of pie and most of us eat it too? Yes. The basic problem is an oversupply of unskilled workers and a shortage of skilled...

Author: /time Magazine | Title: Letters, Nov. 27, 1995 | 11/27/1995 | See Source »

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