10/21/1960
https://www.presidency.ucsb.edu...
"Recurrent recessions have thrown the postwar American economy off stride at a time when the economies of other major industrial countries have moved steadily ahead."
"These five aims for 1961 have been achieved"
"The experience of the past year has shown that expansion without inflation is possible."
"The American people were deeply moved by the reports of the suffering caused by the prolonged drought and the recent disastrous floods."