JFK and the Reagan Revolution

JFK and the Reagan Revolution

A Secret History of American Prosperity

Book - 2016
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"The fascinating, suppressed history of how JFK pioneered supply-side economics, "--Amazon.com.
Publisher: New York, New York : Portfolio, c2016
ISBN: 9781595231147
Branch Call Number: 339.52097 KUDLOW
Characteristics: 250 pages ; 24 cm
Additional Contributors: Domitrovic, Brian


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Aug 17, 2016

One can never trust anything a lightweight like Kudlow spews forth --- and certainly not in this book. JFK promoted the Interest Equalization Tax, was going to go after offshore corporate profits and tax those in his [final] budget proposal to congress, pumped $4.3 billion DEBT-FREE money directly into the economy, through the Treasury, instead of the usual creation of debt-based money which would have to be paid back to the Fed. If you bother to waste time reading this, be sure to read Donald Gibson's great book, Battling Wall Street: the Kennedy presidency, as well as Andrew Cohen's magnificent book: Two Days in June! [And please don't forget, JFK stood up to US Steel and GE on behalf of the workers, and was going to allow the pre-BP company, Anglo-Persian, to be broken up. Not a darling of the Wall Streeters after all . . .]


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