[Leica] OT question

[shino at panix.com (Rei Shinozuka)]

Here's the really hard thing Kennedy did.  Pushing for tax cuts down 
from a top marginal rate of 92% to 70%--and using a  supply-side 
economic argument 20 years before Reagan did:

''Our true choice is not between tax reduction, on the one hand, and the 
avoidance of large Federal deficits on the other. It is increasingly 
clear that, no matter what party is in power, so long as our national 
security needs keep rising, an economy hampered by restrictive tax rates 
will never produce enough revenue to balance the budget - just as it 
will never produce enough jobs or enough profits.

''In short, it is a paradoxical truth that tax rates are too high today 
and tax revenues are too low - and the soundest way to raise revenues in 
the long run is to cut rates now.''

Economic Club of New York on Dec. 14, 1962
http://www.nytimes.com/1984/09/18/business/rationale-for-kennedy-s-tax-cut.html

Ironically and tragically, it seems both men had to be shot before their 
tax cuts were pushed through.


lrzeitlin at aol.com wrote:
> Here is an entirely off topic question. At least thinking about the 
> question will distract us from reviews of the M9. I trust that the 
> infinite wisdom of the LUG will provide an answer.
> President Kennedy said in his inaugural speech, "We choose to go to the 
> moon and do the other things. Not because they are easy but because they 
> are hard."
> My question is - what are (were) the "other things."
> Larry Z
>
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