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Tax cuts

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Larry Ritchie

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2y ago
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6y ago

Deficit Spending

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Q: What did President John F. Kennedy advocated in order to stimulate the economy?
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What did President John F. Kennedy advocate in order to stimulate economy?

Tax cuts


Why did Kennedy want to limit deficit spending?

do your on hw


What did john f Kennedy advocate in order to stimulate the economy?

John F. Kennedy advocated for a combination of tax cuts and increased government spending as a way to stimulate the economy. He believed that reducing taxes would put more money in the hands of individuals and businesses, encouraging investment and consumer spending. Additionally, he proposed increased government spending on infrastructure projects and social programs to create jobs and boost economic growth.


Why did president George W. Bush cut taxes in his first term?

stimulate the economy


What did President Kennedy think should be the role of the government in the economy?

As president, Kennedy urged Congress to pass laws to help the millions of americans living in poverty.


How did Kennedy stimulate the economy?

John F. Kennedy stimulated the economy through his "New Frontier" domestic program. It included federal aid for education, student loans, and economic assistance to depressed areas. Kennedy also enacted $10 billion in tax cuts that increased revenues.


How did John Maynard Keynes view government's role in the economy?

He advocated a strong role of govt. in managing the economy...


How did John Maynard Keynes view government's role in economy?

He advocated a strong role of govt. in managing the economy...


Why were taxes cut in 1964?

to stimulate the economy


Which of president john f kennedy's policies created new jobs and boosted the economy?

increased military spending (novanet)


What is President Obama unwilling to change his mind about?

Health care. Keeping Bush tax cuts. Tax cuts increase revenue to the government and stimulate the economy.


Do tax cuts worsen the economy?

No..they actually stimulate the economy by freeing money for investment