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On Facebook Nick Hanauer posted:

jfk-on-the-minimum-wage

Kennedy got it: the economy grows when people can actually purchase things. And when I say people, I mean all of us. Not just those at the top. An inclusive economy always outperforms an exclusive one.

Unfortunately there is not even a hint that anyone in this incoming administration or the Republican congress we have had for years understands this at all. The most potent cure to a stagnant economy would be to create a middle class and lower class that can afford to purchase goods and services produced locally by other middle and lower class Americans and SMALL businesses.

Kennedy’s entire speech on raising the minimum wage:

John F. Kennedy: Fair Labor Standards Speech by Senator John F. Kennedy, Delivered in the Senate

The American Presidency Project contains the most comprehensive collection of resources pertaining to the study of the President of the United States. Compiled by John Woolley and Gerhard Peters