The Economy: Closing the Confidence Gap

John Kennedy chose a tough audience for his first presidential policy speech to a private group: the blue-chip businessmen of the National Industrial Conference Board. Right off, he disarmed the skeptics with charm and wit. "It would be premature to seek your support in the next and inaccurate to express thanks having had it in the last one." Then he poked fun at the missile gap flap within his own team by referring to "what Democrats in this Administration used to call Missile Gap.' "

As laughter subsided. Democrat Kennedy moved to close...

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