Text: What has made it into the public consciousness--including, alas, that of many policy intellectuals who imagine themselves well informed--is a sort of caricature Keynesianism, the hallmark of which is an uncritical acceptance of the idea that reduced consumer spending is always a bad thing.
Entailment: Quite a few policy intelluctals believe they are informed of many matters.
Contradiction: The intellectuals are convinced they are not well informed.