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Kennedy’s New Frontier: Tax Cuts and Wage Policy

  • Donald R. Stabile
Chapter

Abstract

This chapter will investigate Kennedy’s approach to economics through a review of speeches he made and his Economic Reports. In his first Economic Report, he used the hybrid system of redistributive economics to formulate policies to end the recession that he inherited as president. When those policies did not cause the economy to grow fast enough, Kennedy evolved his policies to a tax cut that was a combination of Keynesian economics and conservative supply-side thinking.

Keywords

Keynesian economics Tax cut Economic Report of the President Fiscal policy 

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Copyright information

© The Author(s) 2018

Authors and Affiliations

  • Donald R. Stabile
    • 1
  1. 1.Department of EconomicsSt. Mary’s College of MarylandSt. Mary’s CityUSA

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