Political Quotes

On the recordDecember 13, 1962
Surely the lesson of the last decade is that 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.
Said by
John Fitzgerald Kennedy
Democratic · Massachusetts

Editor's note · Context

Address and Question and Answer Period at the Economic Club of New York.

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More from John Fitzgerald Kennedy

Nov 7, 1963

The rich must help the poor. The industrialized nations must help the developing nations.

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Oct 30, 1963

I am glad to announce at this time that we are establishing a new division in the United States Office of Education to administer the teaching and research program under the act.

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Nov 7, 1963

Along with the German people, we have followed intently efforts to bring up the survivors, whose courage we all admire.

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Nov 6, 1963

We also have a program here for those whom we regard as mentally restored, those who pass through a difficult period but who are now fully capable of carrying their burden.

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