Wednesday, September 08, 2010

JFK explains the supply-side

Democrats want to forget but JFK was a strong advocate of supply-side economics, even arguing that tax cuts can, over the long run, reduce the deficit:

Hat tip: International Liberty via Instapundit.

For more details, a full audio recording of JFK's December 1962 speech to the Economic Club of NY is available free from the JFK Library. Full text and audio is also available here.

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