JKF

Politics
3:36 pm
Thu November 14, 2013

JFK's Lasting Economic Legacy: Lower Tax Rates

Originally published on Wed November 20, 2013 3:00 pm

As the young U.S. senator takes the oath to become president, he sets out to fix an economy struggling with rising unemployment, slumping profits and depressed stock prices.

He knows the deep recession could prevent him from advancing his broader domestic and diplomatic agenda. Yes — all true for President Obama.

But that's what John F. Kennedy faced as well. On his frosty Inauguration Day in January 1961, Kennedy had to start fulfilling his campaign pledge to "get America moving again." Like Obama, he would need to win over a deeply skeptical business community.

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