John Kennedy actually said...

"An efficient and dynamic transportation system is vital to our domestic economic growth, productivity and progress."

"This Administration's study of long-range transportation needs and policies convinces me that current Federal policies must be reshaped in the most fundamental and far-reaching fashion."

"This basic objective can and must be achieved primarily by continued reliance on unsubsidized privately-owned facilities, operating under the incentives of private profit and the checks of competition..."

"President Kennedy expressed great interest in this approach."