Although John F. Kennedy was only president for just over two years and ten months, he nonetheless managed to rack up an impressive list of accomplishments in his short time in office.
One of these accomplishments was his major improvement of the American economy. When Kennedy took office in January 1961, the economy had been in recession for nine months. However, thanks largely to the stimulus package implemented by the president, the United States soon emerged out of recession; not only that, but the economy would go on to experience impressive rates of growth.
Kennedy resorted to a wide variety of stimulus measures, such as raising the minimum wage, increased spending on infrastructure, and the expansion of unemployment benefits. The president also proposed a tax cut, but this wouldn't be implemented until after this death. However, when it was, it contributed to the continued growth of the American economy.
Taken together, the measures contained in Kennedy's stimulus package led to a large increase in GDP, lower unemployment, and a sharp rise in industrial production. The success of Kennedy's economic policies contributed to the sense that a new, dynamic generation had taken charge of the United States, with bold ideas that would transform the country for the better.
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