Photo Credit: Gage Skidmore Flickr
Robert F. Kennedy Jr.’s exit from the Democratic Party (or was he booted out?) is only the latest sign that there are no more JFK Democrats left in positions of power in the Democratic Party.
President John F. Kennedy was a staunch anti-communist who fought against union and government corruption. He was a pro-life Catholic. He was laser-focused on faster growth (“we can do bettah”) and saw sweeping tax rate reductions as a step toward achieving 4% to 5% growth.
Democrats are now for higher taxes: They ignore and excuse union and government corruption and they don’t even talk about growth. It is all income redistribution.
They should listen to the words of wisdom of JFK circa 1960 to 1963. In 1962, he famously declared: “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.”
Sadly, today you could count on one hand the number of Democrats in Washington who believe that. JFK called for a reduction in income tax and capital gains taxes. Kamala Harris wants to raise every one of these rates — including doubling capital gains taxes.
Which brings me to RFK Jr. I don’t agree with many of the positions that he takes, but he is right that the party undemocratically excised him from the ballot in many states. He is right about the incestuous relationship between big government and big business.
At a dinner party, I recently asked him about tax policy.
“I learned from my uncle [JFK] that cutting taxes increases prosperity,” he replied.
Harris has never learned that lesson. She should take note. After the JFK tax cuts — from as high as 90% to 70% and a 30% capital gains tax reduction by 30%, the economy boomed and tax revenues soared. The budget was balanced.
Harris and my Democratic friends should educate themselves by reading Larry Kudlow and Brian Domitrovic’s wonderful book, “JFK and the Reagan Revolution.”
That book also shows that tax revenues rose after the Reagan tax cuts, which were modeled after the JFK plan. What was remarkable about both these historical events is that the share of taxes paid by the rich rose after tax rates were cut. That was the “paradoxical truth” that JFK foresaw.
JFK also was famous for talking about “a rising tide of prosperity to raise all boats.” That’s far different from the “soak the rich” message of Democrats today.
RFK Jr. was right that he hasn’t left the Democratic Party. The party has left him. And it has sadly left behind the policy legacy of his famous uncle — who also would likely be a Republican today.
Stephen Moore is a senior fellow at the Heritage Foundation and an economic advisor to Donald Trump. His latest book is: “Govzilla: How the Relentless Growth of Government Is Devouring Our Economy.”
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For those who have failed to notice, I will be blunt: The Democrat Party, never any friend to this nation or its citizens, long ago morphed into The New Communist Party of the USA.
I’m a conservative 1st… and then a Republican. RFK has good sound positions on the Border, the economy, Big Pharma, and many more. The only reason why the Dems blocked his candidacy… is he can’t be controlled. If Trump were not on the ticket, I would consider him. The last thing I am… is a Tribalist!
Uncle’s democrats and nephew’s democrats are two different species . You can’t mix vertebras with the insects.
If Harris Walz are elected, you can be guaranteed a sleigh ride to The Road to Serfdom. The ChiCom’s must be waiting with bated breath. Walz surely will be rewarded.
Social Security, Medicare were started to provide coverage for citizens who paid into the programs (like insurance). It didn’t take long for the democrats to bring into these programs citizens who never paid into the programs (is that communism?) Then the federal welfare started and we (America) are broke. NOTHING IS FREE, ESPECIALLY GOVERNMENT WELFARE. Life is not, and never has been, kind. Many people have a bad habit of lying and cheating and that’s why I think all welfare should be handled locally because it’s easier then to know who really needs help. The democrats have exploited bad human nature and put America into a world of financial difficulty (beginnings of communism).
Admitting the truth would set the so called “Democrat Voters” (Communist) free but they refuse to see the truth with there own eyes and only blindly believe the propaganda they are fed on a daily basis.
Today … JFK, to keep his same message to America, would be a Republican. The Democrat party has moved that far left, changing former democrats to Republican. Though Republicans have changed too … they have edged left as well, not nearly as much as democrats, but they are leaning in that direction. I myself, have considered myself a Goldwater Republican, until about 1990, I changed that to a Goldwater Conservative .. which pretty well described the road I’m on.
A lot more words wasted on Mr Nobody. Move on.
I’ve no doubt we’ll have a woman president, just not this one if please. Kamala Harris is the most incompetent vice president we’ve ever had . She was a lousy prosecutor in her home state of California. Now we’re talking about her becoming the next president of our country
The generals will eat her alive for one and we don’t need another 4 years of open borders, over taxation. We need tax and spending cuts period
Article says that budget was balanced after JFK tax cuts & so why increase after Trump tax cuts:
JFK would be Republican if alive today!
The democrats show their weakness by having a woman running for president. That’s a tough job for a real man.
The man needs to be watched closely. He is and always has had the “soul” of a Massachusetts native and if he can break his embrace of whatever tree tickles his current fancy he will do everything in his power to see to the confiscation of your firearms.
Also, if he is “pro life” as was reportedly JFK, then explain his rabid support of all the baby killing ongoing at the hands of the Israeli government.