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Goldwater attacks JFK policies on business climate
Barry Goldwater told 500 coal and industry executives that the Kennedy administration created the worst climate for business through big spending and anti business signals. He accused Democrats of dumbing down the market, warned of unemployment and capital flight, and urged Republicans to win control of Congress to restore balanced budgets and incentives for investment. European and Swiss investors joined a global stock sell-off he cited, linking the U.S. crisis to international markets.
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New York “Stock Exchange