instead, on that fateful november day lyndon baines johnson was sworn in as the 36th president of thenited states. johnson pursued kennedy's economic proposals and pushed the tax plan through congress. how well did it work? perfectly. business week, which isn't exactly a liberal pro-kennedy publication, said it probably was the most successful tax cut in history. it came out of the textbooks. it went back into the textbooks as the fiscal measure that came closer to carrying out what people had projected for it. that was a tax cut that worked. the economic policies of the kennedy-johnson administration had stimulated demand, creating growth in the economy. business was booming. jobs were plentiful, unemployment near an all-time low. but many observers including the president's council of economic advisors were concerned about the appearance of inflation as the economy heated up. [james duesenberry] but in 1965, the real aggregate demand was rising at an annual rate of nearly 8%. it was continuing to rise into 1966. that produced the high-capacity utilization, the ring raw materials pri

. >> according to a cbs vote profile analysis, lyndon baines johnson has been elected president of thed him in. >> we're going to devote our days and the years ahead to strengthening the republican party. >> after goldwater loses, all it did was to make the conservatives more determined than ever. in addition, they found another star. >> the first question is for you, senator goldwater. it's been said that ronald reagan has assumed the mantle of leadership of the conservative movement. would you comment, please? >> i would say that if he continues in a successful political career, that i don't think you could deny that he would be the leader. if reagan is elected governor of california, this gets to be a new ball game. >> there is this growing social uneasiness about the kinds of changes that are taking place in america. >> conservative leaders were able to capitalize on those resentments towards government and toward this new america. >> as you move through the '60s and even as reagan wins election in '66 to become governor of california, the response on the part of conservatives is t

. >> i think it was lyndon baines johnson, the u.s.resident who said, if you want a friend in politics, get a dog. politics is all about adversity, whether it's psychological or sometimes even physical. >> in britain, this is just how the public showed their disdain. physically. politicians are routinely subjected to egging, custard-throwing, flour-pelting, and paint-hurtling. >> we in britain have been brought up on pantomime in which chucking custard pies is seen as perfectly harmless fun. a way of expressing irritation, anger. it's become a quite common practice to throw things that are colored, that will cling, liquid or flour or whatever, because that looks good on telly. >> in the face of indignity, politicians are trained to stay calm, simply to brush it off and walk away, but even they can be egged on to the breaking point. >> it's probably dumb, but i love it when the politicians fight back and attack their attackers. >> no one does this better than deputy prime minister john prescott in 2001, taking one for england right on t

lyndon baines is my favorite -- no. it is barack obama. barack hussein obama. abraham lincoln was one of my favorites. after him is john f. kennedy. lyndon baines johnson.fter that, william jefferson clinton. and now barack hussein obama. he is the smartest of all of those. plus, he is smarter than all the rest. he is smarter than all of them put together. host: why is he smarter? give me a specific about why. caller: because of all he has done. they give him a plate. when they gave him that plate it was full and running over. he has straightened it up and it is a gourmet meal. it is beautiful, what he has done. and they do not get off his back he has more gray hair than any president. it is beautiful what he has done. host: that is alfred and taxes. if you are just joining us it is presidents' day. we want to ask about your favorite president. not only for you to tell us but also why. if you want to call us, 202-748-8001, republicans. democrats, 202-748-8000. independents, 202-748-8002. you can post on social media as well. there's reaction from the egyptian government over the beheading of over 20 people by islamic state. this is a story from reuters.