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How did President Kennedy attempt to stimulate the sluggish economy in 1961?

April 26, 2017attempt economy Kennedy president sluggish stimulate

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How did President Kennedy attempt to stimulate the sluggish economy in 1961?

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Very good question! Kennedy unveiled an economic program that differs sharply from the spending model of the New Deal and Fair Deal. Instead, he proposed a major tax cut for consumers and businesses, designed to stimulate purchasing power and end encourage new investment. ChaCha oN!