FROM ISSUE NUMBER 34 - WINTER 1974 GO TO TABLE OF CONTENTS
What does it do for the poor? a new test for national policy
JOHN F. Kennedy’s slogan was, “Let’s get the country moving again.” He sought to reduce unemployment and increase the rate of economic growth without causing inflation or a deficit in the balance of payments. His emphasis was on efficiency and, although he did press for such New Deal-Fair Deal measures as civil rights, health insurance, and aid to education, his Administration placed higher priority on an investment tax credit, research and development outlays, and, above all, a Keynesian tax cut designed to spur economic recovery.
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