Too large a tax cut, of course, could result in inflation and insufficient future revenues--but the greatest danger is a tax cut too little or too la… - John F. Kennedy

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Engraved portrait of John F. Kennedy, facing left

Too large a tax cut, of course, could result in inflation and insufficient future revenues--but the greatest danger is a tax cut too little or too late to be effective.

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About John F. Kennedy

John Fitzgerald Kennedy (29 May 1917 – 22 November 1963), often referred to by his initials JFK and Jack, was the 35th president of the United States (1961–1963), a United States senator from Massachusetts (1953–1960), and a United States representative (1947–1953). Kennedy served at the height of the Cold War, and the majority of his work as president concerned relations with the Soviet Union and Cuba. He is the older brother of Robert F. Kennedy and Ted Kennedy, and the first husband of Jacqueline Kennedy Onassis. He was shot in the presence of his wife in Dallas on November 22, 1963.

Portrait adapted from Wikimedia Commons, Cecil W. Stoughton (Public domain / CC0)

Also Known As

Birth Name: John Fitzgerald Kennedy
Also Known As: Jack
Alternative Names: Kennedy Jack Kennedy President Kennedy J. F. Kennedy JFK John Kennedy John Fitzgerald "Jack" Kennedy JF Kennedy John F Kennedy

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Additional quotes by John F. Kennedy

In conclusion, let me emphasize one point: that we are determined, as a nation in 1961 that freedom shall survive and succeed--and whatever the peril and set-backs, we have some very large advantages. The first is the simple fact that we are on the side of liberty--and since the beginning of history, and particularly since the end of the Second World War, liberty has been winning out all over the globe. A second great asset is that we are not alone. We have friends and allies all over the world who share our devotion to freedom. [...] A third asset is our desire for peace. It is sincere, and I believe the world knows it. [...] Yet it is important to know that our patience at the bargaining table is nearly inexhaustible, though our credulity is limited-that our hopes for peace are unfailing, while our determination to protect our security is resolute.

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But a leading nation, a nation upon which all depend not only in this country but around the world, cannot afford to be satisfied, to look back or to pause. On our strength and growth depend the strength of others, the spread of free world trade and unity, and continued confidence in our leadership and our currency. The underdeveloped countries are dependent upon us for the sale of their primary commodities and for aid to their struggling economies. In short, a prosperous and growing America is important not only to Americans--it is, as the spokesman for 20 Western nations in the Organization for Economic Cooperation and Development, as he stressed this week, of vital importance to the entire Western World.

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