Fiscal Conservatism of Yesteryear

FISCAL CONSERVATISM OF YESTERYEAR….I’m reading Robert Dallek’s biography of JFK right now. Here is Dallek on Kennedy’s economic concerns during his first year in office:

In the fall of 1961, Kennedy continued to worry that tax cuts would increase deficits and mark him out as a liberal Keynesian at odds with balanced budgets and fiscal conservatives.

Ah, memories….

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