2 definitions by Gray Sheep
A socialist (or more generally, a person that loves government taxing "the rich" and helping the poor) that doesn't want to identify as such. He or she gets inspiration from George Orwell' 1984 by torturing the language and using a word meaning "free" to hide their authoritarian intents.
In the U.S., self-identified liberals are really newspeak liberals as they favor government intervention and collective rights. In Europe, liberals are truer to their origins, i.e. in favor of limited government and individual rights - they would be called libertarian in the U.S.
by Gray Sheep December 9, 2014
Government policies that consist of an increase in spending, taxes or both. Meant to boost an economy in recession, it usually ends up depressing it even more.
It's the opposite of austerity, i.e. government policies that consist of a decrease in spending and taxes. Such policies end up recessions much quicker.
It's the opposite of austerity, i.e. government policies that consist of a decrease in spending and taxes. Such policies end up recessions much quicker.
Herbert Hoover and Franklin Roosevelt applied fauxsterity measures by massively increasing spending and taxes, transforming a recession into the Great Depression.
In contrast, Warren Harding applied austerity measures by cutting spending and taxes, and the recession was over in less than two years.
In contrast, Warren Harding applied austerity measures by cutting spending and taxes, and the recession was over in less than two years.
by Gray Sheep December 11, 2014