JFK and the Reagan Revolution

JFK and the Reagan Revolution PDF Author: Lawrence Kudlow
Publisher: Penguin
ISBN: 0698162838
Category : Business & Economics
Languages : en
Pages : 258

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Book Description
The fascinating, suppressed history of how JFK pioneered supply-side economics. John F. Kennedy was the first president since the 1920s to slash tax rates across-the-board, becoming one of the earliest supply-siders. Sadly, today’s Democrats have ignored JFK’s tax-cut legacy and have opted instead for an anti-growth, tax-hiking redistribution program, undermining America’s economy. One person who followed JFK’s tax-cut growth model was Ronald Reagan. This is the never-before-told story of the link between JFK and Ronald Reagan. This is the secret history of American prosperity. JFK realized that high taxes that punished success and fanned class warfare harmed the economy. In the 1950s, when high tax rates prevailed, America endured recessions every two or three years and the ranks of the unemployed swelled. Only in the 1960s did an uninterrupted boom at a high rate of growth (averaging 5 percent per year) drive a tremendous increase in jobs for the long term. The difference was Kennedy’s economic policy, particularly his push for sweeping tax-rate cuts. Kennedy was so successful in the ’60s that he directly inspired Ronald Reagan’s tax cut revolution in the 1980s, which rejuvenated the economy and gave us another boom that lasted for two decades. Lawrence Kudlow and Brian Domitrovic reveal the secret history of American prosperity by exploring the little-known battles within the Kennedy administration. They show why JFK rejected the advice of his Keynesian advisors, turning instead to the ideas proposed by the non-Keynesians on his team of rivals. We meet a fascinating cast of characters, especially Treasury Secretary Douglas Dillon, a Republican. Dillon’s opponents, such as liberal economists Paul Samuelson, James Tobin, and Walter Heller, fought to maintain the high tax rates—including an astonishing 91% top rate—that were smothering the economy. In a wrenching struggle for the mind of the president, Dillon convinced JFK of the long-term dangers of nosebleed income-tax rates, big spending, and loose money. Ultimately, JFK chose Dillon’s tax cuts and sound-dollar policies and rejected Samuelson and Heller. In response to Kennedy’s revolutionary tax cut, the economy soared. But as the 1960s wore on, the departed president’s priorities were undone by the government-expanding and tax-hiking mistakes of Presidents Johnson, Nixon, Ford, and Carter. The resulting recessions and the “stagflation” of the 1970s took the nation off its natural course of growth and prosperity-- until JFK’s true heirs returned to the White House in the Reagan era. Kudlow and Domitrovic make a convincing case that the solutions needed to solve the long economic stagnation of the early twenty-first century are once again the free-market principles of limited government, low tax rates, and a strong dollar. We simply need to embrace the bipartisan wisdom of two great presidents, unleash prosperity, and recover the greatness of America.

JFK and the Reagan Revolution

JFK and the Reagan Revolution PDF Author: Lawrence Kudlow
Publisher: Penguin
ISBN: 0698162838
Category : Business & Economics
Languages : en
Pages : 258

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Book Description
The fascinating, suppressed history of how JFK pioneered supply-side economics. John F. Kennedy was the first president since the 1920s to slash tax rates across-the-board, becoming one of the earliest supply-siders. Sadly, today’s Democrats have ignored JFK’s tax-cut legacy and have opted instead for an anti-growth, tax-hiking redistribution program, undermining America’s economy. One person who followed JFK’s tax-cut growth model was Ronald Reagan. This is the never-before-told story of the link between JFK and Ronald Reagan. This is the secret history of American prosperity. JFK realized that high taxes that punished success and fanned class warfare harmed the economy. In the 1950s, when high tax rates prevailed, America endured recessions every two or three years and the ranks of the unemployed swelled. Only in the 1960s did an uninterrupted boom at a high rate of growth (averaging 5 percent per year) drive a tremendous increase in jobs for the long term. The difference was Kennedy’s economic policy, particularly his push for sweeping tax-rate cuts. Kennedy was so successful in the ’60s that he directly inspired Ronald Reagan’s tax cut revolution in the 1980s, which rejuvenated the economy and gave us another boom that lasted for two decades. Lawrence Kudlow and Brian Domitrovic reveal the secret history of American prosperity by exploring the little-known battles within the Kennedy administration. They show why JFK rejected the advice of his Keynesian advisors, turning instead to the ideas proposed by the non-Keynesians on his team of rivals. We meet a fascinating cast of characters, especially Treasury Secretary Douglas Dillon, a Republican. Dillon’s opponents, such as liberal economists Paul Samuelson, James Tobin, and Walter Heller, fought to maintain the high tax rates—including an astonishing 91% top rate—that were smothering the economy. In a wrenching struggle for the mind of the president, Dillon convinced JFK of the long-term dangers of nosebleed income-tax rates, big spending, and loose money. Ultimately, JFK chose Dillon’s tax cuts and sound-dollar policies and rejected Samuelson and Heller. In response to Kennedy’s revolutionary tax cut, the economy soared. But as the 1960s wore on, the departed president’s priorities were undone by the government-expanding and tax-hiking mistakes of Presidents Johnson, Nixon, Ford, and Carter. The resulting recessions and the “stagflation” of the 1970s took the nation off its natural course of growth and prosperity-- until JFK’s true heirs returned to the White House in the Reagan era. Kudlow and Domitrovic make a convincing case that the solutions needed to solve the long economic stagnation of the early twenty-first century are once again the free-market principles of limited government, low tax rates, and a strong dollar. We simply need to embrace the bipartisan wisdom of two great presidents, unleash prosperity, and recover the greatness of America.

JFK, Conservative

JFK, Conservative PDF Author: Ira Stoll
Publisher: Houghton Mifflin Harcourt
ISBN: 0547585985
Category : Biography & Autobiography
Languages : en
Pages : 293

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Book Description
For the 50th anniversary of the assassination of John F. Kennedy comes a sure-to-be-controversial argument that by virtually any standard, JFK was far more conservative than liberal.

Econoclasts

Econoclasts PDF Author: Brian Domitrovic
Publisher: Simon and Schuster
ISBN: 1684516714
Category : History
Languages : en
Pages : 301

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Book Description
The history we can't afford to forget. At last, the definitive history of supply-side economics—an incredibly timely work that reveals the foundations of America's prosperity when those very foundations are under attack. In the riveting, groundbreaking book Econoclasts, historian Brian Domitrovic tells the remarkable story of the economists, journalists, Washington staffers, and (ultimately) politicians who showed America how to get out of the 1970s stagflation and ushered in an unprecedented quarter-century run of growth and opportunity. Based on the author's years of archival research, Econoclasts is a masterful narrative history in the tradition of Amity Shlaes's The Forgotten Man and John Steele Gordon's An Empire of Wealth.

American Abundance

American Abundance PDF Author: Lawrence Kudlow
Publisher: Amer Heritage Custom Publishing Company
ISBN: 9780828111171
Category : Business & Economics
Languages : en
Pages : 179

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Book Description


Presidential Courage

Presidential Courage PDF Author: Michael R. Beschloss
Publisher: Simon and Schuster
ISBN: 0743257448
Category : Biography & Autobiography
Languages : en
Pages : 476

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Book Description
From the author "Newsweek" called the nations leading presidential historian comes an inspiring narrative chronicling the crucial moments when a courageous president has dramatically changed the future of the United States. of full-color photos.

Legacy of Secrecy

Legacy of Secrecy PDF Author: Lamar Waldron
Publisher: ReadHowYouWant.com
ISBN: 145876060X
Category : Fiction
Languages : en
Pages : 566

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Book Description
Legacy of Secrecy tells the full story of JFKs murder and the tragic results of the cover-ups that followed, as revealed by two dozen associates of John and Robert Kennedy, backed by thousands of files at the National Archives. The result of twenty years of research, it finally tells the full story long withheld from Congress and the American people.

Silent Spring Revolution

Silent Spring Revolution PDF Author: Douglas Brinkley
Publisher: HarperCollins
ISBN: 0063212935
Category : Nature
Languages : en
Pages : 702

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Book Description
New York Times bestselling author and acclaimed presidential historian Douglas Brinkley chronicles the rise of environmental activism during the Long Sixties (1960-1973), telling the story of an indomitable generation that saved the natural world under the leadership of John F. Kennedy, Lyndon Johnson, and Richard Nixon. With the detonation of the Trinity explosion in the New Mexico desert in 1945, the United States took control of Earth’s destiny for the first time. After the Truman administration dropped atomic bombs on Japan to end World War II, a grim new epoch had arrived. During the early Cold War years, the federal government routinely detonated nuclear devices in the Nevada desert and the Marshall Islands. Not only was nuclear fallout a public health menace, but entire ecosystems were contaminated with radioactive materials. During the 1950s, an unprecedented postwar economic boom took hold, with America becoming the world’s leading hyperindustrial and military giant. But with this historic prosperity came a heavy cost: oceans began to die, wilderness vanished, the insecticide DDT poisoned ecosystems, wildlife perished, and chronic smog blighted major cities. In Silent Spring Revolution, Douglas Brinkley pays tribute to those who combated the mauling of the natural world in the Long Sixties: Rachel Carson (a marine biologist and author), David Brower (director of the Sierra Club), Barry Commoner (an environmental justice advocate), Coretta Scott King (an antinuclear activist), Stewart Udall (the secretary of the interior), William O. Douglas (Supreme Court justice), Cesar Chavez (a labor organizer), and other crusaders are profiled with verve and insight. Carson’s book Silent Spring, published in 1962, depicted how detrimental DDT was to living creatures. The exposé launched an ecological revolution that inspired such landmark legislation as the Wilderness Act (1964), the Clean Air Acts (1963 and 1970), and the Endangered Species Acts (1966, 1969, and 1973). In intimate detail, Brinkley extrapolates on such epic events as the Donora (Pennsylvania) smog incident, JFK’s Limited Nuclear Test Ban Treaty, Great Lakes preservation, the Santa Barbara oil spill, and the first Earth Day. With the United States grappling with climate change and resource exhaustion, Douglas Brinkley’s meticulously researched and deftly written Silent Spring Revolution reminds us that a new generation of twenty-first-century environmentalists can save the planet from ruin. Silent Spring Revolution features two 8-page color photo inserts.

Camelot and the Cultural Revolution

Camelot and the Cultural Revolution PDF Author: James Piereson
Publisher:
ISBN: 9781594032585
Category : Biography & Autobiography
Languages : en
Pages : 253

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Book Description
Citing the assassination of JFK as a major turning point in American history, a provocative assessment evaluates the assassination's role in reshaping JFK's character as well as the American public's faith in the nation's institutions and way of life.

American Moonshot

American Moonshot PDF Author: Douglas Brinkley
Publisher: HarperCollins
ISBN: 0062655086
Category : History
Languages : en
Pages : 713

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Book Description
Instant New York Times Bestseller As the fiftieth anniversary of the first lunar landing approaches, the award winning historian and perennial New York Times bestselling author takes a fresh look at the space program, President John F. Kennedy’s inspiring challenge, and America’s race to the moon. “We choose to go to the Moon in this decade and do the other things, not because they are easy, but because they are hard; because that goal will serve to organize and measure the best of our energies and skills, because that challenge is one that we are willing to accept, one we are unwilling to postpone, and one we intend to win.”—President John F. Kennedy On May 25, 1961, JFK made an astonishing announcement: his goal of putting a man on the moon by the end of the decade. In this engrossing, fast-paced epic, Douglas Brinkley returns to the 1960s to recreate one of the most exciting and ambitious achievements in the history of humankind. American Moonshot brings together the extraordinary political, cultural, and scientific factors that fueled the birth and development of NASA and the Mercury, Gemini and Apollo projects, which shot the United States to victory in the space race against the Soviet Union at the height of the Cold War. Drawing on new primary source material and major interviews with many of the surviving figures who were key to America’s success, Brinkley brings this fascinating history to life as never before. American Moonshot is a portrait of the brilliant men and women who made this giant leap possible, the technology that enabled us to propel men beyond earth’s orbit to the moon and return them safely, and the geopolitical tensions that spurred Kennedy to commit himself fully to this audacious dream. Brinkley’s ensemble cast of New Frontier characters include rocketeer Wernher von Braun, astronaut John Glenn and space booster Lyndon Johnson. A vivid and enthralling chronicle of one of the most thrilling, hopeful, and turbulent eras in the nation’s history, American Moonshot is an homage to scientific ingenuity, human curiosity, and the boundless American spirit.

The Reagan Revolution and the Rise of the New Right

The Reagan Revolution and the Rise of the New Right PDF Author: Kenneth J. Heineman
Publisher: Bloomsbury Publishing USA
ISBN: 144087185X
Category : History
Languages : en
Pages : 306

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Book Description
For students of U.S. history, The Reagan Revolution explores how a Hollywood upstart and eventual conservative leader became one of the most successful and influential presidents in U.S. history—one whose presidency helped to define the end of the Cold War. This book covers Ronald Reagan's long rise to the presidency and the conservative political revolution he brought about in the 1980s. Spurning the moderate values and policies Republicans had previously championed, Reagan's revolution continues to play an outsized role in America's political life. This important reference book gives browsers and readers alike an opportunity to focus on many of the intertwined issues of the 1980s: abortion, gay rights, law and order, the Cold War, tax cuts, de-industrialization, the Religious Right, and the political divisions that made Reagan's legislative victories possible. The book opens with a concise biography covering Reagan's rise from radio personality and actor to governor and president. Subsequent chapters cover politics and policy. Chapters also include an important review of Reagan's legendary public relations operations ("morning in America" and the perfection of the television photo op) and the ways in which 1980s popular culture influenced and was influenced by his presidency. This section portrays Reagan as a product of Hollywood who keenly understood the importance of public opinion and creating a positive image.