Supply-Side and All That Cuts

bankruptcy of the Keynesian positionnwas at last exposed. Unemploymentnsoared to 8.5 million while the governmentnran up the largest deficit sincenWorld Vv^ar II-$45 billion. This wasnthe very coincidence that Keynes hadnpronounced impossible.nIt was at this point that a certain formernfootball player, then a Congressmannfrom New York, developed . . .