How did President Kennedy propose to increase demand?
JFK proposed to reduce taxes in order to stimulate a booming economy and increase demand. He said It is no contradiction, the most important single thing we can do to stimulate investment in today's economy is to raise consumption by major reduction of individual income tax rates. – John F. Kennedy, Jan. 21st, 1963 Cha Cha!
Answered by Gregory D. -
About John F. Kennedy
John F. Kennedy Jr. was the 35th President of the United States. He was assassinated in Dallas, Texas on November 22, 1963 by Lee Harvey Oswald. His presidency corresponded with a national mood of optimism, and a time when a new generation took leadership from the hands of the World War II generation.
Related Questions
-
Why did the fate of President Kennedy affect people so deeply?
He came from a strong family that already held a firm place i...
-
How did president kennedy aid the civil rights movement?
John F. Kennedy did give a famous speech on civil rights on n...
-
What global challenges did Kennedy face during his presidency?
Kennedy's Global Challenges: The Cold War raged on in the 196...
-
How did president kennedy advance womans rights?
The President’s Commission on the Status of Women was an advi...
-
What order did these people become presidents: Truman, Johnson, Eisenhower, Roosevelt, Kennedy?
What order did these people become presidents: Truman, Johnso...
Comments