The generation that fought [[World War II]] were convinced [[Keynesian]]s - that government debt and spending was the key to prosperity. And the more of the better. Their experience was born out of wartime [[economic planning]].
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The generation that fought [[World War II]] were convinced [[Keynesian]]s - that government debt and spending was the key to prosperity. And the more of the better. President [[Lyndon Johnson]] fully believed he could mount a major war effort by drafting the nation's teenage unemployed, pursue massive social programs in his War on Poverty and fund ambitious scientific research to land a man on the moon simultaneously. There were no shortages of government jobs, or civil servants to hand out money during the 1960s.