Not since the days before Pearl Harbor had a President of the U.S. delivered himself of such gloomy forebodings on the state of the Union.
On the domestic front, said John F. Kennedy, the economy "is in trouble." Unemployment is increasing, the recession worsening, the rate of economic growth lagging, bankruptcies booming, profits fading. In a special message to Congress (see The Economy), he prescribed a course of remedies to get things going again—and promised more if those did not work.
But it was on the cold war front that Kennedy talked in stark...
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