Who Was The Tax Cut President Hint

The economist John Kenneth Galbraith wrote about this prosperous period in history in his book, “The Affluent Society.” With more money in their pockets and less taxes to pay, Americans were purchasing American made products including what were considered luxury products like dishwachers, air conditioners, color TV’s, etc. US factories were booming. People also had more money to invest which resulted in the Dow Jones Industrial Average reaching a new level of 1,000 points. All because of a massive tax cut. Who was this wise president?


About camden41

Retired public school administrator Retired history professor: Taught Western Civilization, American Civil War, United States History, Economic History, Ancient & Medieval Foundations, American History Since 1945
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