Politics

Video: Debate Between John F. Kennedy & Barack Obama

| by Cato Institute

By Daniel J. Mitchell

 

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Here’s a clever video produced by the Winston Group, comparing the tax policies of two Democratic Presidents. Having previously highlighted Kennedy’s tax-cutting approach, it is painful for me to observe the class warfare approach of the Obama Administration.

show http://www.youtube.com/watch?v=ScMvZinMb6E&feature=player_embedded

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What’s especially fascinating is that JFK intuitively understood the Laffer Curve, particularly the insight that deficits usually are the result of slow growth, not the cause of slow growth.