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If The Economy Of Today Were Operating Close To Capacity Levels With Little Unemployment, Or If A Sudden Change In Our Military Requirements Should Cause A Scramble For Men And Resources, Then I Would Oppose Tax Reductions As Irresponsible And Inflationary; And I Would Not Hesitate To Recommend A Tax Increase If That Were Necessary.
-John F. Kennedy
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If The Economy Of Today Were Operating

If The Economy Of Today Were Operating Close To Capacity Levels With Little Unemployment, Or If A Sudden Change In Our Military Requirements Should Cause A Scramble For Men And Resources, Then I Would Oppose Tax Reductions As Irresponsible And Inflationary; And I Would Not Hesitate To Recommend A Tax Increase If That Were Necessary.
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