One recession has followed another, with each period of recovery and expansion fading out earlier than the last.
John Fitzgerald Kennedy
The Public Record
John Fitzgerald Kennedy was the 35th President of the United States, serving from January 20, 1961, until his assassination on November 22, 1963. A member of the Democratic Party, he was born in Massachusetts and is often remembered for his leadership during the Cuban Missile Crisis, which brought the world to the brink of nuclear war. Kennedy also established the Peace Corps, promoting international service and cooperation, and he advocated for civil rights, laying the groundwork for future legislation in this area.
A balanced Federal budget in a growing full-employment economy will be most rapidly and certainly achieved by a substantial expansion in national income carrying with it the needed Federal revenues--the kind of expansion the proposed tax…
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 and effort into activities aimed more at…
The revision of our Federal tax system on an equitable basis is crucial to the achievement of these goals.
The economic prospects of our depressed areas will improve as investors obtain new incentives to create additional productive facilities in areas of labor surplus.
The most urgent task facing our Nation at home today is to end the tragic waste of unemployment and unused resources--to step up the growth and vigor of our national economy--to increase job and investment opportunities--to improve our…
I look to the American Freedom from Hunger Foundation to provide active citizen leadership and, to that end, I ask that the trustees of the Foundation serve as a National Citizens' Host Committee for the World Food Congress.
In my opinion such dispute threatens to result in a strike affecting a substantial part of an industry engaged in trade or commerce among the several States or with foreign nations, or in the production of goods for commerce, which strike…
I also ask that all Government departments and agencies which have official responsibilities in the field of food, nutrition, and international relations take appropriate steps to observe, and to cooperate with private groups in observing…
I urge American citizens in all walks of life to participate in the observance of National Freedom from Hunger Week.
It is appropriate as the new statute becomes effective to reaffirm the principle that all government officers and employees must act with integrity, impartiality and devotion to the public interest.
I ask the American Freedom from Hunger Foundation to take national leadership in planning appropriate observance of this week.
By virtue of the authority vested in me by the Migration and Refugee Assistance Act of 1962 (76 Stat. 121-124; hereinafter referred to as the Act), and as President of the United States, it is ordered as follows:
I do not expect a fifth postwar recession to interrupt our progress in 1963
The state of the economy poses a perplexing challenge to the American people
More vigorous expansion of our economy is imperative to gain the heights of maximum employment, production, and purchasing power
It is essential that these decisions be made only after the most thorough evaluation of all the probable benefits and costs to the Government and to the national economy.
I ask that each of you give this matter his personal attention and that your recommendations reflect your considered judgment on this important matter.
Economic condition of the United States in 1962 was one of continued advances in employment, production, and purchasing power
I stated that studies on the economic and technical feasibility of a commercial supersonic transport should be expedited and the results evaluated as soon as practicable.
It is desirable that we hold to or better the schedule laid down in 1961, and reach firm decisions as soon as practicable in 1963 on future actions concerning the development of a supersonic aircraft.
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