JFK and LBJ Flashcards
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
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