Great clip. Picks up as it goes along. <iframe title="YouTube video player" width="480" height="390" src="http://www.youtube.com/embed/v4S5nM8BjwM" frameborder="0" allowfullscreen></iframe> "JOHN F. KENNEDY: This administration pledged itself last summer to an across-the-board, top-to-bottom cut in personal and corporate income taxes to be enacted and become effective in 1963. I am not talking about a quickie or a temporary tax cut which would be more appropriate if a recession were imminent. Nor am I talking about giving the economy a mere shot in the arm to ease some temporary complaint. The federal government's most useful role is not to rush into a program of excessive increases in public expenditures, but to expand the incentives and opportunities for private expenditures."