06/22/1963
https://www.presidency.ucsb.edu...
"Recessions mean high unemployment and high budget deficits."
"We are the only country, nearly, in the West which has such a large percentage of unemployed."
"And I say again in the next 2 1/2 years we need 10,000 new jobs every day for a total of 10 million jobs."
"Recessions are not inevitable."