It will, in addition, encourage the initiative and risk-taking on which our free system depends--induce more investment, production, and capacity use--help provide the 2 million new jobs we need every year--and reinforce the American principle of additional reward for additional effort.
Kennedy emphasizes that his economic plan will foster investment and job creation, reinforcing American values.
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More from John F. Kennedy
We need a new law--a wholly new approach--a bold new instrument of American trade policy.
This Nation is the world's foremost manufacturer, farmer, banker, consumer, and exporter.
I shall neither shift the burden of executive decisions to the Congress, nor avoid responsibility for the outcome of those decisions.
Our decision could well affect the unity of the West, the course of the Cold War, and the economic growth of our Nation for a generation to come.