Tag: John F. Kennedy

In November 1963 Paul Gregory’s family resided in Fort Worth, Texas. As members of the city’s Russian immigrant community, they befriended Lee and Marina Oswald. Gregory recounts his time in the company of JFK’s assassin, possible motivations for Oswald’s committing the crime, and why he doesn’t buy into the many conspiracy theories surrounding the events in Dallas. Paul Gregory is a research fellow at the Hoover Institution.

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What a contrast to today’s warmed-over Marxist class envy Democrats- whether Obama, Hillary or Sanders. Many of you may have heard this, but if you have not, it is worth listening to and passing on. Obama not only raised taxes, but Obamacare proved to be a massive tax increase, and these huge tax increases are […]

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A Challenge for Hillary Clinton: Return to a JFK Growth Agenda

 

JFK 2_0When John F. Kennedy was elected president he surprised both Democrats and Republicans with a bold tax-cutting plan to solve the problem of a moribund economy. He had campaigned on “getting the country moving again,” and had set a 5 percent economic-growth target, but he never specified how he was going to do it. Then he opened everyone’s eyes with a plan to lower marginal tax rates across-the-board.

JFK’s advisors proposed a traditional Democratic approach: temporary targeted tax cuts. But Kennedy insisted on lower tax rates that would create much higher rewards for work, saving, and investment. And Kennedy argued that his lower tax-rate incentives would so expand the economy that after a few years his tax cuts would pay for themselves.

He was right.