It is with great satisfaction that I have signed into law the Social Security Amendments of 1961. They represent an additional step toward eliminating many of the hardships resulting from old age, disability, or the death of the family wage-earner. A nation's strength lies in the well-being of its people. The Social Security program plays an important part in providing for families, children, and older persons in time of stress, but it cannot remain static. Changes in our population, in our working habits, and in our standard of living require constant revision.
John F. KennedyOur present tax system ... exerts too heavy a drag on growth ... It reduces the financial incentives for personal effort, investment, and risk-taking ... The present tax load ... distorts economic judgments and channels an undue amount of energy into efforts to avoidtaxliabilities.
John F. KennedyThe only significance of analyzing the past is that it does give us some key to the future.
John F. Kennedy