And the reason is that only full employment can balance the budget, and tax reduction can pave the way to that employment. The purpose of cutting taxes now is not to incur a budget deficit, but to achieve the more prosperous, expanding economy which can bring a budget surplus.

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Quote text and notes from Wikiquote: John F. Kennedy (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.