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The economic policies of the Kennedy Administration were :
1. advocated the New Deal strategy
2. invest more funds in defense and space exploration
3. increase business production and efficiency
4. asked businesses to hold down prices
5. asked labor leaders to hold down pay increase
Wiki User
∙ 11y ago
Wiki User
∙ 9y agoIt's often referenced by conservative economists that JFK enacted large scale tax cuts that created a boom in the 1960s. The formula did create a jump in federal revenue and did increase the amount of wealth created, and it helped power LBJ's war on poverty and cumulated with a budget surplus in 1969. Kennedy's biggest economic legacy lies in today's misguided economic policies of the far right. Cutting high end taxes when they're at 91% is a lot different than cutting taxes at 35%. Back in JFK's era, taxes were fairly simple and straightforward. If you made a certain amount, you paid a certain amount. Today, there are so many deductions, and loopholes that the percentage of the working population that doesn't pay taxes is far and away higher than back in his time.
Wiki User
∙ 14y agoEconomic growth rose sharply in the 1960s. Nova Net
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Why did the kennedy administration create the alliance for progress?
To provide economic assistance to Latin America. (novanet)
What was us economic situation before the war began 1939?
Thanks to the failed economic policies of the Roosevelt administration, the U.S. was still in the "Great Depression."
What was an achievement of the john f. Kennedy administration?
Passage of the Alliance for Progress to provide economic aid for Latin America
Was a result of President Kennedy and economic policies?
President Kennedy signed a bill which raised the minimum wage. This was a big deal at the time because it helped the middle class.
What was a result of president Kennedy economic policies?
President Kennedy signed a bill which raised the minimum wage. This was a big deal at the time because it helped the middle class.
What is the scope of development administration?
The scope of development administration is that it is in charge of development. It has to deal with the policies, projects, programs, and plans to create sites that achieve their socio-economic goals.
Who brought appreciation of the fine arts to the Kennedy administration?
Who brought an appreciation of the fine arts to the Kennedy administration? Who brought an appreciation of the fine arts to the Kennedy administration?
Define development administration?
Development administration was first used 1950s which referred to aspects of public administration. It deals with administrative changes that are needed to carry out projects, policies, and programs to improve social and economic conditions.
The fundamental military policy of the Kennedy administration was to?
the fundamental military policy of the kennedy administration?
What two international did programs were launched during the Kennedy administration?
The Alliance for Progress , established in 1961 was intended to establish economic cooperation between the US and Latin America. The Peace Corp was the second international aid program launched during the Kennedy Administration.
Who is the leader of the international trade administration?
Francisco J. Sanchez is the leader of the international administration. He help with the development of U.S. Trade Policies. He helps create jobs and sustain economic grouth.
What was JFK best and the brightest?
The focus of the book is on the foreign policy crafted by the academics and intellectuals who were in John F. Kennedy's administration, and the consequences of those policies in Vietnam.
