Monday, September 8, 2008

J. F. K. (?)

Which political party would John F. Kennedy be associated with today?

Kennedy supported, in today's lexicon, a George W. Bush-like "belligerent" approach to fighting the Cold War, and told CBS' Walter Cronkite it would be "a great mistake" to withdraw the American presence from Vietnam. In his 1961 inaugural speech, Kennedy said, "Let every nation know, whether it wishes us well or ill, that we shall pay any price, bear any burden, meet any hardship, support any friend, oppose any foe, in order to assure the survival and the success of liberty."
In January 1963, Kennedy addressed Congress: "Lower rates of taxation will stimulate economic activity and so raise the levels of personal and corporate income as to yield within a few years an increased — not a reduced — flow of revenues to the federal government." Several days later, JFK sent another message to Congress: "Our tax system still siphons out of the private economy too large a share of personal and business purchasing power and reduces the incentive for risk, investment and effort — thereby aborting our recoveries and stifling our national growth rate."

These comments were lifted from an article by Larry Elder, here is the link to the complete article. http://jewishworldreview.com/cols/elder090408.php3

Mervi

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