Posts Tagged ‘Stimulus package

09
Feb
09

JFK again…

JFK: “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” (1963).

No more limp-wrists for world leaders. I’m tired of it. Elect someone with some nuts and brains. Please.

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07
Feb
09

Stimulate This

I just found this quote from JFK, on Riggsword, regarding tax cuts and their effects on the economy. Seems ‘ol JFK learned a lot about stimulation and it wasn’t just from Marilyn Monroe.

“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.”

– John F. Kennedy, Jan. 17, 1963, annual budget message to the Congress, fiscal year 1964 (WorldNetDaily)

What’s so difficult to understand?




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