Word: keynsian
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Dates: during 1980-1989
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This misquote, the authors, say, is the fault of a reporter at the Baltimore Catholic Review, who confused the senator's statement that he did not understand why Harvard students were attracted to Keynsian economics and a later mention of the "value of college fraternities." The reporter apparently mistook the word "Keynsian" for "communism...
...supply-side minions said would be brought on by tax-cuts for corporations and the rich. It has everything to do with Reagan's massive and pointless increases in defense spending and his bulging budget deficits, which together have unintentionally provided the impetus for an old-fashioned, demand-driven Keynsian recovery...
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