Quotes > J > John F Kennedy

Our practical choice is not between a tax-cut deficit and a budgetary surplus. It is between two kinds of deficits: a chronic deficit of inertia, as the unwanted result of inadequate revenues and a restricted economy; or a temporary deficit of transition, resulting from a tax cut designed to boost the economy, increase tax revenues, and achieve - and I believe this can be done - a budget surplus. The first type of deficit is a sign of waste and weakness; the second reflects an investment in the future. - John F Kennedy

"Our practical choice is not between a tax-cut deficit and a budgetary surplus. It is between two kinds of deficits: a chronic deficit of inertia, as the unwanted result of inadequate revenues and a restricted economy; or a temporary deficit of transition, resulting from a tax cut designed to boost the economy, increase tax revenues, and achieve - and I believe this can be done - a budget surplus. The first type of deficit is a sign of waste and weakness; the second reflects an investment in the future." - John F Kennedy


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Our practical choice is not between a tax-cut deficit and a budgetary surplus. It is between two kinds of deficits: a chronic deficit of inertia, as the unwanted result of inadequate revenues and a restricted economy; or a temporary deficit of transition, resulting from a tax cut designed to boost the economy, increase tax revenues, and achieve - and I believe this can be done - a budget surplus. The first type of deficit is a sign of waste and weakness; the second reflects an investment in the future. - John F Kennedy #1 Our practical choice is not between a tax-cut deficit and a budgetary surplus. It is between two kinds of deficits: a chronic deficit of inertia, as the unwanted result of inadequate revenues and a restricted economy; or a temporary deficit of transition, resulting from a tax cut designed to boost the economy, increase tax revenues, and achieve - and I believe this can be done - a budget surplus. The first type of deficit is a sign of waste and weakness; the second reflects an investment in the future. - John F Kennedy #2

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