President John F. Kennedy did not have much opportunity to implement his version of the American System, before he was felled by an assassin’s bullet. However, his moves in that direction, from the space program, to the investment tax credit, to mooting changes in the Federal Reserve and conceiving stunning infrastructure programs both at home and abroad, deserve to be mentioned. JFK stood on the shoulders of FDR in his determination to improve the general welfare of a nation that had begun to be steered over the abyss, into the post-industrial, no-growth economy.
President John F. Kennedy (1961-1963)
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D.C. Meeting Discusses National Infrastructure Bank
By Nancy Spannaus Nov. 14, 2018—A group of approximately 25 citizen-leaders gathered in a Washington, D.C. library last night to discuss how to address the question of the nation’s collapsing infrastructure. The lively, almost-unstoppable discussion centered around a slide show presentation on a National Infrastructure Bank (NIB) proposal, given by […]
Productivity Is in the Basement: We Need a Real Recovery!
By Nancy Spannaus Nov. 11, 2018—In its quarterly release Nov. 1, the U.S. Bureau of Labor Statistics (BLS) threw a wet blanket on those who have been claiming that this year’s job growth has led to a qualitative improvement in the U.S. economy. The BLS stated that productivity growth between […]
