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- recalled the situation when FDR closed the banks, and when President Kennedy faced the Bay of Pigs and the Vienna Conference. "We don't spend enough time remembering back, and not enough time looking ahead." He said he recalled that in 1948 only two members
Folder, "[Papers for] November 14, 1968 Special Cabinet Room Meeting," Meeting Notes Files, Box 3
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- in our national policy. In the seven years prior to the Kennedy-Johnson Administra • tions, the United States suffered three recessions. A large proportion o! our industrial plant went unused, and our national production grew ..... at a rate o! only