Budget deficits are not caused by wild-eyed spenders, but by slow economic growth and periodic recessions. And any new recession would break all deficit records. In short, it is a paradoxical truth that tax rates are too high today and tax revenues are too low, and the soundest way to raise the revenues in the long run is to cut the rates now.
John F. KennedyIt is time for a new generation of leadership, to cope with new problems and new opportunities. For there is a new world to be won.
John F. Kennedy