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.
The unions might be good for the people who are in the unions but it doesn't do a thing for the people who are unemployed. Because the union keeps down the number of jobs, it doesn't do a thing for them.
European officials thought that austerity was part of what they called their 'convergence policies,' of trying to bring countries together. Instead, it actually made things worse. There's more inequality within countries and more disparity across countries.
What someone is paid has little or no relationship to what their work is worth to society.
Wall Street has turned the economy into a giant asset-stripping scheme, one whose purpose is to suck the last bits of meat from the carcass of the middle class.
One of the most powerful insights in economics is this idea of a division of labor. You do the thing you're good at. Other people do something else that they're good at. The net effect is better for everybody.
When people begin anticipating inflation, it doesn't do you any good anymore, because any benefit of inflation comes from the fact that you do better than you thought you were going to do.
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