JFK and the Reagan Revolution
Larry Kudlow to Talk About His Latest Book: ‘JFK and the Reagan Revolution’
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In their new book JFK and the Reagan Revolution: A Secret History of American Prosperity, CNBC Senior Contributor Larry Kudlow and Brian Domitrovic reveal the surprising source of America’s economic growth. In his talk at Wilton Library, Kudlow will shed light on a time when bipartisanship was a driving force behind the United States’ thriving economy. In a turn of events nearly written out of history by today’s Democrats, President John F. Kennedy turned to a handful of his most trusted conservative-leaning advisors, including Republican treasury secretary Douglas Dillon, to introduce a series of economic policies, which ultimately slashed taxes across the board. Rejecting the advice of his Keynesian advisors, JFK took the advice of Dillon, who convinced him to end the dangerously high tax rates and big spending that were smothering the economy. Later undone by the government-expanding and tax-hiking mistakes of Presidents Johnson, Nixon, Ford, and Carter, it was President Ronald Reagan who, inspired by Kennedy’s policy, put in place the tax-cut revolution of the 1980s and rejuvenated the US economy once again.