Former Representative Jack Kemp, a longtime supporter of lower taxes and admirer of President Reagan, talks about President Reagan and his tax policies.
Mr. Kemp was a sponsor of the Kemp-Roth Tax Cut during the Reagan administration. This program is from the banquet for the 25th anniversary of the 1981 Economic Recovery Tax Act. The day-long celebration of the 25th anniversary of Ronald Reagan's 1981 Economic Recovery Tax Act was held at the the Young America's Foundation's new Reagan Ranch Center.
Jack Kemp is a former Vice Presidential candidate and Congressional Representative from New York. He served as Secretary of Housing and Urban Development from 1989 to 1993.
Bio
Jack Kemp
Jack Kemp is Founder and Chairman of Kemp Partners, a strategic consulting firm which seeks to provide clients with strategic counsel, relationship development, and marketing advice in helping them accomplish business and policy objectives.
From January 1993 until July 2004 he was co-director of Empower America, a Washington, D.C.-based public policy and advocacy organization he co-founded with William Bennett and Ambassador Jeane Kirkpatrick.
Mr. Kemp received the Republican Party's nomination for Vice President in August of 1996 and since then has campaigned nationally for reform of taxation, Social Security and education.
Prior to founding Empower America, Mr. Kemp served for four years as Secretary of Housing and Urban Development. He was the author of the Enterprise Zones legislation to encourage entrepreneurship and job creation in urban America and continues to advocate the expansion of home ownership among the poor through resident management and ownership of public and subsidized housing.
Before his appointment to the Cabinet, Mr. Kemp represented the Buffalo area and western New York for 18 years in the United States House of Representatives from 1971-1989. He served for seven years in the Republican Leadership as Chairman of the House Republican Conference.
Before his election to Congress in 1970, Mr. Kemp played 13 years as a professional football quarterback. He was captain of the San Diego Chargers from 1960-1962. He was also the captain of the Buffalo Bills, the team he quarterbacked to the American Football League Championship in 1964 and 1965, when he was named the league's most valuable player.
He co-founded the American Football League Players Association and was five times elected president of that Association. In 2005 Mr. Kemp was recognized by Sporting News as one of the Top 50 Best All Time Quarterbacks.
I will give Kemp the benefit of the doubt and say that the point he was trying to make is probably more complicated than that. But it is true that supply-side economic arguments are not often grounded wholly in reality, particularly in the hands of politicians arguing in their favor (the same can be said of liberal politicians attempting to argue for Keynesian economics, although Keynes has more historical precedent in his favor). Kemp's misleading and confusing examples show he is no exception to this rule. However I would like to point out that Kemp appears to be "preaching to the choir" in this speech, so perhaps he feels he does not have to explain himself more fully than he already has.