The story
Reportedly coined in 1969 by Daniel Patrick Moynihan, adviser to US President Richard Nixon, who recommended this policy with respect to the issue of US racial strife.
Etymology from Wiktionary, CC BY-SA 4.0.
Today it means: A policy or strategy of deliberately taking no action concerning an issue, challenging situation, or other problem in the belief that this course will ultimately result in the best outcome possible. Full definition →
Reportedly coined in 1969 by Daniel Patrick Moynihan, adviser to US President Richard Nixon, who recommended this policy with respect to the issue of US racial strife.
Etymology from Wiktionary, CC BY-SA 4.0.