FTC letter to Jim Guest on the 50th anniversary of JFK’s call for consumer rights

Fifty years ago, President Kennedy delivered a special message to Congress on the importance of consumer protection. On March 15, 1962, he said, "Consumers ... are the largest economic group in the economy, affecting and affected by almost every public and private economic decision. But they are the only important group in the economy ... whose views are often not heard." President Kennedy outlined a set of four basic principles that we know today as the Consumer Bill of Rights.