kennedy blew off the advice of james toban and all of the economist that said losen money and raise taxes. working at the ims, 29 years old kid, did the opposite of that. kennedy took that advice in the summer of 162. and the 1960 resulted in 4.5% growth in the face of collapsing economy. they got the idea from the center of economics and the journal of the economy at the university of chicago where he was awarded tenture at the age of 32 in 1965. and again he won over the profession. this argument that supply-side is outside is defiance. you should see the letters of recommendation, the letters of reference that they got the lions of the seal in the late '60s and early '70s. people talk about the incredible ideas. we don't agree. but man is he per -- persuasive. he found people to listen to him. one of his editors, became a staffer. for money other than that jack kemp in 1975 and 1976 and these ideas of stabilizing the currency and tightening money started to penetrate congress. they had a victory with the 1978 with the capital gains tax cuts and reagan won and installed the supply-side