Week 3 Checkpoint - increase prices therefore breaking the...

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John F. Kennedy was a successful President. Within the first couple of years of being elected he was able to fix many issues with the United States boarders. He was able to pass a bill providing financial assistance to severely depressed industrial and urban areas. He urged government advisors to increase government spending to help reduce the number of unemployed, thus helping aid in a contract that would increase the wages paid to employees. However, industrial steel companies saw it as an opportunity to
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Unformatted text preview: increase prices, therefore breaking the contract in effect. President Kennedy requested a price review and re-routed government purchases to companies with fixed prices. Out of the many things President Kennedy was able to do there were a couple of issues he was unable to do anything about, education and medical health insurance. He proposed a group plan for the elderly; however, this plan was not approved until Lyndon Johnson came into office....
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