A temporary tax cut, credits for home buyers, shovel-ready government spending, targeted measures for the chronically jobless, extended unemployment compensation. This is President Obama’s latest plan to nudge unemployment below its high new normal – and also precisely that of John F. Kennedy as he confronted recession on taking office in early 1961. The difference is that JFK came to realize that this policy was wrong-headed. Two years into his presidency, JFK turned on his heels to call for tighter money and marginal tax cuts. President Obama is repeating JFK’s initial policy error – though much further along in his presidency.
Obama Is Repeating JFK's Mistakes - Forbes