JFK and LBJ Flashcards

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1
Q

How did JFK deal with the economy

A

Tax reduction, $10 billion over 3 years. American economic growth of 5% by end of 1963

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2
Q

What did LBJ do to the economy

A

Huge federal spending ‘war on poverty’-Greaty society
National debt increased to £42 billion
Set up office of economic opportunity help small farmers and job training
Vietnam spending stopped Great Society

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