The Resource Jfk and the reagan revolution : A secret history of american prosperity., Brian Domitrovic, (electronic resource)

Jfk and the reagan revolution : A secret history of american prosperity., Brian Domitrovic, (electronic resource)

Label
Jfk and the reagan revolution : A secret history of american prosperity.
Title
Jfk and the reagan revolution
Title remainder
A secret history of american prosperity.
Statement of responsibility
Brian Domitrovic
Creator
Contributor
Subject
Genre
Language
eng
Summary
The little-known story of how JFK pioneered supply-side economics Who invented supply-side economics-the idea that cutting tax rates can result in more growth, more prosperity at all income levels, and even more tax revenue flowing into the IRS? Most people would credit the economic team that advised Ronald Reagan in the late 1970s and early 1980s. But in fact, supply-side economics actually came of age two decades earlier. And the first president who embraced it was one of the biggest icons of the Democratic Party-John F. Kennedy. As Larry Kudlow and Brian Domitrovic explain, this is an inconvenient fact for both parties. Liberals hate the idea that JFK successfully pioneered an economic principle that has become a core part of the GOP platform. And conservatives hate to admit that their hero, Reagan, grabbed one of his most successful policies not merely from a Democrat, but from a KENNEDY. So neither side has much incentive to talk about the tax battles inside the Kennedy Administration. In a blow-by-blow narrative of those years, the authors reveal how JFK assembled Keynesian advisors, only to reject their plans for loose money and big spending. Instead, Kennedy embraced ideas advanced by the non-Keynesians on his team of rivals and drew upon his own deep reading of history to opt for tax cuts and a recommitment to the gold standard. Here we meet a fascinating cast of Kennedy Administration characters, especially Treasure Secretary Douglas Dillon, the token Republican in JFK's cabinet. Dillon's opponents, such as liberal economists Paul Samuelson, Robert Solow, and James Tobin, strove to stifle the push to bring down the high tax rates-including an astonishing 91% top rate on the wealthiest earners-that were damaging the economy. Once JFK became convinced of the power of tax cuts, he held his ground against the Keynesians. And as Kennedy made his case for the tax cut, the economy took off. After the assassination, Lyndon Johnson finally signed the tax-cut law in February 1964. The subsequent economic boom delivered the greatest prosperity the nation had ever seen. The First Supply-Sider is an eye-opening look at one of the most important yet least understood episodes in American economic history. It reveals the low-tax tradition within the Democratic party, one that the Republicans at last made their own only with Reagan
Accompanying matter
technical information on music
Cataloging source
TEFOD
http://library.link/vocab/creatorName
Domitrovic, Brian
PerformerNote
Narrator: Norman Dietz
http://library.link/vocab/relatedWorkOrContributorName
Dietz, Norman
http://library.link/vocab/subjectName
  • Nonfiction
  • Business
  • History
  • Politics
Label
Jfk and the reagan revolution : A secret history of american prosperity., Brian Domitrovic, (electronic resource)
Link
Instantiates
Publication
Note
Unabridged
Capture and storage technique
digital storage
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Configuration of playback channels
stereophonic
Content category
spoken word
Content type code
  • spw
Content type MARC source
rdacontent
Control code
ODN0003783587
Dimensions
unknown
Edition
Unabridged.
Extent
1 online resource (10 audio files)
Form of item
electronic
Groove width / pitch
not applicable
Isbn
9781490698243
Isbn Type
(sound recording)
Media category
  • audio
  • computer
Media MARC source
  • rdamedia
  • rdamedia
Media type code
  • s
  • c
Other physical details
digital
Sound
sound
Special playback characteristics
digital recording
Specific material designation
  • remote
  • other
Speed
unknown
Stock number
DDF079D8-19C8-425E-B31F-C8480B0D815F
System details
Requires OverDrive Listen (file size: N/A KB) or OverDrive app (file size: 264938 KB)
Tape configuration
not applicable
Tape width
not applicable
Label
Jfk and the reagan revolution : A secret history of american prosperity., Brian Domitrovic, (electronic resource)
Link
Publication
Note
Unabridged
Capture and storage technique
digital storage
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Configuration of playback channels
stereophonic
Content category
spoken word
Content type code
  • spw
Content type MARC source
rdacontent
Control code
ODN0003783587
Dimensions
unknown
Edition
Unabridged.
Extent
1 online resource (10 audio files)
Form of item
electronic
Groove width / pitch
not applicable
Isbn
9781490698243
Isbn Type
(sound recording)
Media category
  • audio
  • computer
Media MARC source
  • rdamedia
  • rdamedia
Media type code
  • s
  • c
Other physical details
digital
Sound
sound
Special playback characteristics
digital recording
Specific material designation
  • remote
  • other
Speed
unknown
Stock number
DDF079D8-19C8-425E-B31F-C8480B0D815F
System details
Requires OverDrive Listen (file size: N/A KB) or OverDrive app (file size: 264938 KB)
Tape configuration
not applicable
Tape width
not applicable

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