It is a paradoxical truth that tax rates are too high and tax revenues are too low and the soundest way to raise the revenues in the long run is to cut the rates now Cutting taxes now is not to incur a budget deficit, but to achieve the more prosperous, expanding economy which can bring a budget surplus.
If somebody harbours delusions, I think that should disqualify them from office, regardless whether the delusions are religious. Letting someone who thinks the god Jehovah will bail him out serve in public office is like letting a man who believes in Santa Claus run a Toys 'R Us. The great enemy of the truth is very often not the lie - deliberate, contrived and dishonest, but the myth, persistent, persuasive, and unrealistic. Belief in myths allows the comfort of opinion without the discomfort of thought.
Budget deficits are not caused by wild-eyed spenders, but by slow economic growth and periodic recessions. And any new recession would break all deficit records. In short, it is a paradoxical truth that tax rates are too high today and tax revenues are too low, and the soundest way to raise the revenues in the long run is to cut the rates now.
We hold the view that the people make the best judgment in the long run.
Just as I went into politics because Joe died, if anything happened to me tomorrow, my brother Bobby would run for my seat in the Senate. And if Bobby died, Teddy would take over for him.
To that world assembly of sovereign states, the United Nations, our last best hope in an age where the instruments of war have far outpaced the instruments of peace, we renew our pledge of support - to prevent it from becoming merely a forum for invective - to strengthen its shield of the new and the weak - and to enlarge the area in which its writ may run.
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