Keynesian economics - Wikipedia, the free encyclopedia
Keynesian economics served as the standard economic model in the developed nations during the later part of the Great Depression, World War II, and the post-war economic expansion (1945–1973),
1. We didn't limit it to what Keynes said.
2. We made it permanent.
3. We never cut spending to deal with the debt.
FDR in fact pissed off Keynes for failing to follow his plan.