{"id":257593,"date":"2017-12-11T15:30:00","date_gmt":"2017-12-11T20:30:00","guid":{"rendered":"https:\/\/admin.rushlimbaugh.com\/?p=257593"},"modified":"2017-12-12T15:46:31","modified_gmt":"2017-12-12T20:46:31","slug":"the-jfk-trump-tax-cut","status":"publish","type":"post","link":"https:\/\/admin.rushlimbaugh.com\/daily\/2017\/12\/11\/the-jfk-trump-tax-cut\/","title":{"rendered":"The JFK-Trump Tax Cut"},"content":{"rendered":"<p>RUSH: On the cutting edge of societal evolution, Rush Limbaugh, meeting and surpassing all audience expectations every day. So it was back in &#8212; get audio sound bite number 2 standing by.<\/p>\n<p>Back in June of 1993 on both the radio and Rush Limbaugh the TV show, we unearthed a speech, incredible words uttered by then President Kennedy to the Economic Club of New York a year and a half before his assassination. Actually, it was less than that. It was in December in 1962. And I even said back then that there are a lot of people in the audience who were born after John Kennedy was assassinated in 1963, too young to remember much except the lionized Camelot portrayal of JFK.<\/p>\n<p>Oh, speaking of which, anybody in there watch The Crown on Netflix? Well, I watched season 2 &#8212; well, I got started on season 2 over the weekend, and this covers the year 1960 to \u201964, Queen Elizabeth. The series starts with her father dying and then King Edward abdicating because he wanted to marry a divorcee, so it made her the queen. And the show follows &#8212; I guess it\u2019s supposed to be fairly biographical, but they take some liberties, obviously.<\/p>\n<p>But in the second season it\u2019s 1960 to \u201964, and during that period, JFK and Jackie O visit Paris and London. And the episode, which has them coming to London to visit the queen, portrays the Kennedys as unlike anything you\u2019ve ever &#8212; well, no. I must be fair. There are and have been many reports of the JFK that this show portrays. They didn\u2019t focus on the playboy aspect. They did some, but really they focused on how he was totally overshadowed by Jackie everywhere they went and that Jackie was miserable in her marriage.<\/p>\n<p>It was no Camelot whatsoever. And they were both drug addicts. This episode shows them both getting shot up before dinner with the queen by the traveling Dr. Feel Good. Now, Kennedy did have Addison\u2019s disease, and he had a very bad back, and he was supposedly living on Demerol, and he did have a doctor that traveled around and was with him all the time to make life tolerable, because apparently he was in chronic pain that was not fixable. But that\u2019s always been kind of hushed up in the post-Kennedy Camelot portrayal of those years.<\/p>\n<p><img loading=\"lazy\" class=\"aligncenter size-full wp-image-257566\" src=\"https:\/\/www.rushlimbaugh.com\/wp-content\/uploads\/2017\/12\/FB-FB-121117-JFK.jpg\" alt=\"\" width=\"600\" height=\"315\" srcset=\"https:\/\/www.rushlimbaugh.com\/wp-content\/uploads\/2017\/12\/FB-FB-121117-JFK.jpg 600w, https:\/\/www.rushlimbaugh.com\/wp-content\/uploads\/2017\/12\/FB-FB-121117-JFK-300x158.jpg 300w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/>They don\u2019t sugarcoat the Kennedys at all in this episode. They portray Jackie as snooty and arrogant and looking down on the queen and Buckingham Palace and saying so publicly. They portray Jack as tolerating her but fully aware that most people are interested in him because they\u2019re interested in her. They talk about how she captivated de Gaulle when they were in Paris and he even said he\u2019s the luckiest guy in the world, he\u2019s the guy traveling the world with Jackie Onassis. Jacqueline Kennedy is her name then, of course.<\/p>\n<p>Anyway, it was an observation, because you don\u2019t see this. And that episode has been controversial because people &#8212; remember, it\u2019s produced by a bunch of Brits. And so the writer, &#8220;How dare you portray President Kennedy in that way?&#8221; &#8220;Well, we want to tell the entire story from the perspective of the queen,&#8221; not officially. This is not officially related to Buckingham Palace at all, but there are attempts to make it historically accurate.<\/p>\n<p>And they do not, in this episode , they do not hide the fact that King Edward, the guy that had to abdicate, was a Nazi! He was a Nazi collaborator. He had meetings and dinners with Hitler and so forth. And after the episode runs, for people watching this who may not believe it, they\u2019ve got photos from the archives of the actual king reviewing German troops with Hitler and being welcomed to whatever place they\u2019re going to by Hitler, just in case viewers, &#8220;What are you doing to the memory of our great king?&#8221;<\/p>\n<p>I mean, they\u2019re exposing a lot of things in this series that have not been exposed in public consumption media. But, anyway, back to the Economic Club of New York. JFK had inherited a postwar boom from Eisenhower but it was starting to peter out, and JFK had the idea to ignite the economy with tax cuts, and we got hold of the speech he made to the Economic Club of New York.<\/p>\n<p><iframe loading=\"lazy\" src=\"https:\/\/www.youtube.com\/embed\/6sz-or3ELbs\" width=\"650\" height=\"325\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe>When I heard these I was blown away. I didn\u2019t know anything about this side of JFK. Growing up, JFK had always been, to me, just a Democrat, which meant he was a liberal. He would not be welcome in today\u2019s Democrat Party, for this speech alone that he made to the Economic Club of New York.<\/p>\n<p>So over the years whenever taxes has come up we have gone back to the archives and played excerpts of this speech that JFK made, and we played \u2019em on Rush Limbaugh the TV show as part of an ongoing, never-ending effort to educate people about tax cuts and the truth regarding them, and particularly what happens when you reduce marginal rates.<\/p>\n<p>Well, there is a PAC or a group here that has incorporated some of the remarks JFK made in that speech into an ad. This is the Committee to Unleash Prosperity and the Freedom Works Foundation. They\u2019ve released a new ad that features some of the things that JFK said in this speech to the Economic Club of New York in 1962. And this ad is to facilitate public understanding of the Trump and Republican tax cut bill.<\/p>\n<p>ANNOUNCER: Remember when Democrats knew cutting taxes creates jobs? They should listen to President Kennedy, who in 1962 said this.<\/p>\n<p>KENNEDY: We can take the proper actions in the proper time. This can be the most important step we could take to prevent another recession. That is the right kind of a tax cut, both for your family budget and the national budget, resulting from a permanent basic reform and reduction in our rate structure, a creative tax cut creating more jobs and income and eventually more revenue. Every dollar released from taxation that is spent or invested will help create a new job and a new salary. And these new jobs and new salaries can create other jobs and other salaries.<\/p>\n<p><img loading=\"lazy\" class=\"aligncenter wp-image-77314\" src=\"https:\/\/www.rushlimbaugh.com\/wp-content\/uploads\/JFKshort.jpg\" alt=\"\" width=\"600\" height=\"600\" \/>ANNOUNCER: Do the Democrats in Congress today really like writing welfare checks more than creating paychecks? Doesn\u2019t Heidi Heitkamp understand a JFK-Trump tax cut will create jobs in North Dakota? Paid for by the Committee to Unleash Prosperity and Freedom Works Foundation, Washington, D.C<\/p>\n<p>RUSH: It\u2019s really effective, because that is JFK, and that was from his speech at the Economic Club of New York in 1962. And he even went through the details that you think you\u2019re listening to a precursor of Ronaldus Magnus with a detailed explanation of what happens when you reduce marginal rates, and that\u2019s what he was talking about here.<\/p>\n<p>It\u2019s actually a great way of explaining. Every dollar released from taxation that is spent or invested will help create a new job and new salary. That was JFK\u2019s way of saying keep more money in the economy, and people in the economy will use it to improve themselves. They\u2019ll add employees to their businesses. Thee invest in their businesses. They\u2019ll create more taxpayers by being able to keep more of what they earn, and even with rate reductions with more taxpayers you have increased revenue to the Treasury by reducing everybody\u2019s rates at the margin. And every dollar released from taxation. It\u2019s just a great way of saying every dollar not taken by Washington.<\/p>\n<p>In fact, I remember, this happened twice. Senator Ted Kennedy was walking into the Senate one day and there\u2019s a gaggle of reporters around him, as there always were. And somebody said, &#8220;What do you think about what Rush Limbaugh said?&#8221; And Kennedy, &#8220;Ah.&#8221; Pooh-poohed it, waved the reporter away, don\u2019t have time for it. But the second time it happened, somebody asked Ted Kennedy about my playing JFK\u2019s New York Economic Club speech in 1962, and he got angry about it. There is no way, there simply is not a Democrat today who will say what JFK said. This is a precursor to Reagan.<\/p>\n<p>I hope the ad\u2019s effective. It\u2019s gonna require people being facile on who Kennedy was, and he was assassinated in 1963. But I think, as it\u2019s put together, is extremely effective. And there are a lot of people trying to make this happen. So, anyway, be on the lookout. You\u2019re going to probably hearing that ad or seeing that ad all over cable news.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>KENNEDY:  We can take the proper actions in the proper time.  This can be the most important step we could take to prevent another recession.  That is the right kind of a tax cut, both for your family budget and the national budget, resulting from a permanent basic reform and reduction in our rate structure, a creative tax cut creating more jobs and income and eventually more revenue.  Every dollar released from taxation that is spent or invested will help create a new job and a new salary.  And these new jobs and new salaries can create other jobs and other salaries.<\/p>\n","protected":false},"author":49,"featured_media":257566,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","ngg_post_thumbnail":0},"categories":[12,1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The JFK-Trump Tax Cut - The Rush Limbaugh Show<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/admin.rushlimbaugh.com\/daily\/2017\/12\/11\/the-jfk-trump-tax-cut\/\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:title\" content=\"The JFK-Trump Tax Cut - The Rush Limbaugh Show\" \/>\n<meta name=\"twitter:description\" content=\"KENNEDY: We can take the proper actions in the proper time. This can be the most important step we could take to prevent another recession. That is the right kind of a tax cut, both for your family budget and the national budget, resulting from a permanent basic reform and reduction in our rate structure, a creative tax cut creating more jobs and income and eventually more revenue. Every dollar released from taxation that is spent or invested will help create a new job and a new salary. And these new jobs and new salaries can create other jobs and other salaries.\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.rushlimbaugh.com\/wp-content\/uploads\/2017\/12\/FB-FB-121117-JFK.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"George Prayias\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/admin.rushlimbaugh.com\/#website\",\"url\":\"https:\/\/admin.rushlimbaugh.com\/\",\"name\":\"The Rush Limbaugh Show\",\"description\":\"Excellence In Broadcasting\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/admin.rushlimbaugh.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/admin.rushlimbaugh.com\/daily\/2017\/12\/11\/the-jfk-trump-tax-cut\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/www.rushlimbaugh.com\/wp-content\/uploads\/2017\/12\/FB-FB-121117-JFK.jpg\",\"contentUrl\":\"https:\/\/www.rushlimbaugh.com\/wp-content\/uploads\/2017\/12\/FB-FB-121117-JFK.jpg\",\"width\":600,\"height\":315},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/admin.rushlimbaugh.com\/daily\/2017\/12\/11\/the-jfk-trump-tax-cut\/#webpage\",\"url\":\"https:\/\/admin.rushlimbaugh.com\/daily\/2017\/12\/11\/the-jfk-trump-tax-cut\/\",\"name\":\"The JFK-Trump Tax Cut - The Rush Limbaugh Show\",\"isPartOf\":{\"@id\":\"https:\/\/admin.rushlimbaugh.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/admin.rushlimbaugh.com\/daily\/2017\/12\/11\/the-jfk-trump-tax-cut\/#primaryimage\"},\"datePublished\":\"2017-12-11T20:30:00+00:00\",\"dateModified\":\"2017-12-12T20:46:31+00:00\",\"author\":{\"@id\":\"https:\/\/admin.rushlimbaugh.com\/#\/schema\/person\/a2bc43fbe4b4e1ff4d1f092c6086a349\"},\"breadcrumb\":{\"@id\":\"https:\/\/admin.rushlimbaugh.com\/daily\/2017\/12\/11\/the-jfk-trump-tax-cut\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/admin.rushlimbaugh.com\/daily\/2017\/12\/11\/the-jfk-trump-tax-cut\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/admin.rushlimbaugh.com\/daily\/2017\/12\/11\/the-jfk-trump-tax-cut\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.rushlimbaugh.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The JFK-Trump Tax Cut\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/admin.rushlimbaugh.com\/#\/schema\/person\/a2bc43fbe4b4e1ff4d1f092c6086a349\",\"name\":\"George Prayias\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/admin.rushlimbaugh.com\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/a43c262983f0228d5f474ce08e691cf9?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/a43c262983f0228d5f474ce08e691cf9?s=96&d=mm&r=g\",\"caption\":\"George Prayias\"},\"url\":\"https:\/\/admin.rushlimbaugh.com\/daily\/author\/georgeeibnet-com\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"The JFK-Trump Tax Cut - The Rush Limbaugh Show","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/admin.rushlimbaugh.com\/daily\/2017\/12\/11\/the-jfk-trump-tax-cut\/","twitter_card":"summary","twitter_title":"The JFK-Trump Tax Cut - The Rush Limbaugh Show","twitter_description":"KENNEDY: We can take the proper actions in the proper time. 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