Lower rates of taxation will stimulate economic activity and so raise the levels of personal and corporate income … - John F. Kennedy

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A weakness of the random-walk model lies in its assumption of instantaneous adjustment, whereas the information impelling a stock market toward its "intrinsic value" gradually becomes disseminated throughout the market place.

John F. Kennedy

Lower rates of taxation will stimulate economic activity and so raise the levels of personal and corporate income as to yield within a few years an increased - not a reduced - flow of revenues to the federal government.

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This is not a time to keep the facts from the people-to keep them complacent. To sound the alarm is not to panic but to seek action from an aroused public. For, as the poet Dante once said: 'The hottest places in hell are reserved for those who, in a time of great moral crisis, maintain their neutrality.

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Let us not seek the Republican answer or the Democratic answer, but the right answer. Let us not seek to fix the blame for the past. Let us accept our own responsibility for the future.

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