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In page 1960s:

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On January 20, 1961, John F. Kennedy became the president of the United States. In his campaign, John F. Kennedy promised to "get America moving again." His goal was economic growth of 4–6% per year and unemployment below 4%.[citation needed]To do this, he proposed a wide range of policies which embraced Keynesian economics (which he is the first president to do so). Among these policies included a 7% tax credit for businesses that invest in new plants and equipment,[citation needed] Income tax cuts and an increase in the federal minimum wage.