If all economists were laid end to end, they still would not reach a conclusion.
George Bernard Shaw
In a speech to the Advertising Council last week in Washington, President Kennedy declared that he was "more than ever convinced" of the truth of Shaw's waspish comment. He noted that by U.S. Industry quarterly with economists today "every problem has several alternative solutions, and every answer raises several questions." But the President had no doubt about his own solution for what ails the U.S. economy; he again asked support for raising the national debt limit, cutting taxes, and running the budget at a deficit....
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