John Kennedy's second State of the Union message was the longest speech that he has made as President. In 53 minutes and 7,250 words he urged programs that covered the legislative spectrum. Among his major subjects: ∙THE ECONOMY. "At year's end," Kennedy said, "the economy which Mr. Khrushchev once called a 'stumbling horse' was racing to new records in consumer spending, labor income and industrial production." For continued economic expansion, the President asked Congress to approve acts to retrain workers for new jobs, help train and place youths entering the labor market, and grant an 8% tax credit for businesses...
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