A flashback to a time when both sides understood that tax cuts were the way to stimulate economic growth, and that mutual understanding led to the rapid rise of the United States on the world stage.

Now we have a Democratic president who thinks the best way to stimulate economic growth is to take more money from the private sector and demonize business, while expanding welfare and running up huge debt.

And by the way, Kennedy’s plan worked. Not only was the economy stimulated, but tax revenues increased. From the Heritage Foundation:

Tax revenues climbed from $94 billion in 1961 to $153 billion in 1968, an increase of 62 percent (33 percent after adjusting for inflation).

Why, it’s almost like cutting taxes increases economic activity, which in turn generates more tax revenue. What an amazing idea! Someone should let the Obama Administration know.