John Kennedy actually said...

Recessions mean high unemployment and high budget deficits.

Radio and Television Address to the Nation on the Test Ban Treaty and the Tax Reduction Bill

09/17/1963

More John Kennedy Quotes

To rebuild American prestige now will not be easy.

I think it should move with us.

It cannot be done overnight by a new administration.

We had a recession in 1954, we had a recession in 1948, we have a plateau today, which may lead to some difficulties in 1961, unless we can ...