When consumers purchase more goods, plants use more of their capacity, men are hired instead of laid off, investment increases, and profits are high. Corporate tax rates must also be cut to increase incentives and the availability of investment capital.
John F. KennedyNearly forty years ago, a distinguished Prime Minister of this country ... said, 'They may not be angels but they are at least our friends.'* I must say that I do not think that we probably demonstrated in that forty years that we are angels yet, but I hope we have demonstrated that we are at least friends.
John F. Kennedy