"The heavy lifting will have to be done by increased government spending, " he said in a paper to the American Economic Association.

BBC: US deficit 'to hit $1 trillion'

The error was published in part because it appeared in a special issue of the American Economic Review devoted to papers presented at annual meetings of the American Economic Association.

WSJ: Spreadsheet Slips Not Economists' Only Problem

At the annual meeting of the American Economic Association, Professor Carmen Reinhart and the former chief economist of the International Monetary Fund, Ken Rogoff, are presenting a research paper called Growth in a Time of Debt.

BBC: News

Additionally, the statement could claim individuals who have served as officers of nearly every major economics association, including the American Economic Association and American Finance Association, and have served as editors of most top economic journals, including the American Economic Review, the Journal of Economic and Business Statistics and the International Economic Review.

FORBES: To Reduce The Deficit, Kill The Estate Tax

Mindy regularly speaks about corporate and investor sustainability issues to high-level leaders at the New York Stock Exchange, United Nations, World Economic Forum, Clinton Global Initiative, American Accounting Association, American Bar Association and more than 100 Fortune 500 firms.

FORBES: Mindy Lubber - Sustainable Capitalism - Archive