10/30/1962
https://www.presidency.ucsb.edu...
"The sooner the program is enacted, the sooner it will make its impact upon the economy, providing additional benefits and further insurance against recession."
"Middle and higher-income families are both consumers and investors--and the present rates ranging up to 91% not only check consumption but discourage investment, and encourage the diversion of funds a..."
"The revision of our Federal tax system on an equitable basis is crucial to the achievement of these goals."
"One recession has followed another, with each period of recovery and expansion fading out earlier than the last."