Every dollar released from taxation that is spared or invested will help create a new job and a new salary.
Interpretation
Investing or saving money instead of taxing it can lead to job creation and increased salaries.
This quote by John F. Kennedy emphasizes the importance of money management, particularly in how tax policies can impact economic growth. By suggesting that every dollar spared from taxation has the potential to contribute to job creation and salary increases, Kennedy highlights the ripple effect that fiscal decisions have on the broader economy, encouraging investment and saving as means to foster prosperity and employment.
In practice
During a town hall meeting about economic policy.
The great battleground for the defense and expansion of freedom today is the whole southern half of the globe... the lands of the rising peoples. Their revolution is the greatest in human history. They seek an end to injustice, tyranny and exploitation. More than an end, they seek a beginning.
I had always enjoyed the title of Commander-in-Chief until I was informed ... that the only forces that cannot be transferred from Washington without my express permission are the members of the Marine Corps Band. Those are the only forces I have. I want it announced that we propose to hold the White House against all odds at least for some time to come.
I am talking about genuine peace, the kind of peace that makes life on earth worth living, the kind that enables men and nations to grow and to hope and to build a better life for their children - not merely peace for Americans but peace for all men and women - not merely peace in our time but peace for all time.
I just received the following wire from my generous Daddy; Dear Jack, Don't buy a single vote more than is necessary. I'll be damned if I'm going to pay for a landslide.
Tolerance implies no lack of commitment to one's own beliefs. Rather it condemns the oppression or persecution of others.
Mankind must put an end to war before war puts an end to mankind.
When inequality gets too extreme, then it becomes useless for growth, and it can even become bad because it tends to lead to high perpetuation of inequality over time and low mobility.
Long-term unemployment can make any worker progressively less employable, even after the economy strengthens.
Eviction is part of a business model at the bottom of the market.
People stop buying things, and that is how you turn a slowdown into a recession.
Having a decent share of the national wealth for the middle class is not bad for growth. It is actually useful both for equity and efficiency reasons.
Really, the proper study of economics is fulfilment, not consumption... It doesn't even matter if it's a green product or a green house... It's still consumption. What matters in this world is the fulfilment of people's needs and the fulfilment of their aspirations.
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