Political Quotes

Jack Kemp: Yes, it really did. I heard the previous speaker say that the economy had high unemployment and high inflation at the…

On the recordJune 5, 2004
Yes, it really did. I heard the previous speaker say that the economy had high unemployment and high inflation at the same time. And the simultaneity of inflation/unemployment could not be met by conventional methods of Keynesian Economics.
Said by
Jack Kemp
New York

Editor's note · Context

Jack Kemp discusses the economic challenges during Reagan's presidency and the effectiveness of Reaganomics.

Share

More from Jack Kemp

Jun 5, 2004

The rich ended up paying more taxes. I think 55 percent of all tax revenues to the federal government are paid by that top 2 percent of people in this country.

transcripts.cnn.com
Oct 10, 1977

I do not believe it is a coincidence that McKelvey's forced removal from his post as Director of the U.S. Geological Survey, which is unprecedented in its history, followed closely on the heels of an important speech given by McKelvey to…

congress.gov
Jun 5, 2004

Reagan didn't get a balanced budget, but he got the economy growing again, we spent money on defense and I think it's that that defeated the Soviet Union.

transcripts.cnn.com
Jun 12, 1977

I believe that this treatment of any Government official who deviates from the official administration line that the United States is on the very brink of running out of energy is an absolute scandal.

congress.gov

Other voices in this conversation