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23
But there is also the false issue
== and its simplest form is the
assertion that any and all unfavorable
turns of the speculative wheel --
however temporary and however plainly
speculative in character - are the
result of "lack of confidence in the
national Administration. This, I
must tell you, whole comforting,
is not wholly true. Worse, it
obscures the reality -- which is
also simple. The solid ground of
mutual confidence is the necessary
partnership of government with all
the sectors of our society in the
steady quest for economic progress.
Document source description
This file contains materials collected by the office of President John F. Kennedy's secretary, Evelyn Lincoln, concerning President Kennedy's remarks at the 1962 Yale University graduation ceremony. In his speech the President thanks the University for the honorary degree bestowed upon him, and discusses three areas of domestic concern where the prevalence of myth dangerously impedes progress: fiscal policy, confidence in an administration, and the concept of "big government." Materials in this folder include various memoranda of suggested talking points, a draft by Special Assistant to the President and speechwriter Arthur M. Schlesinger, Jr., a press copy, and a reading copy of the speech with handwritten notations by the President, as well as a luncheon menu, program for the commencement exercises, and an additional transcript of the speech published by Yale University.
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"ocrText": "23\nBut there is also the false issue\n== and its simplest form is the\nassertion that any and all unfavorable\nturns of the speculative wheel --\nhowever temporary and however plainly\nspeculative in character - are the\nresult of \"lack of confidence in the\nnational Administration. This, I\nmust tell you, whole comforting,\nis not wholly true. Worse, it\nobscures the reality -- which is\nalso simple. The solid ground of\nmutual confidence is the necessary\npartnership of government with all\nthe sectors of our society in the\nsteady quest for economic progress."
}