JFK vs. BHO on Tax Cuts During Recessions


Fun video from the Winston Group pitting JFK vs. Barack Obama on tax cuts. While the idea of not raising taxes during a lumbering economy makes sense, it's not clear exactly how tight the parallels between the two periods are (Kennedy, for instance, slashed top marginal rates from 91 percent; what we're talking about here is keeping the tax burden the same).

Back in 2004, economist Bruce Bartlett defended JFK's tax cuts from charges of profligacy and, even worse, Keynesianism. Read it!