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In a way, Calvin Coolidge is better than Reagan. His tax rates were lower, and he cut budgets.

Amity Shlaes

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Amity Shlaes
Age: 64
Born: 1960
Born: September 10
Author
Biographer
Columnist
Journalist
Writer
Way
Rates
Reagan
Budgets
Lower
Rate
Taxes
Cutting
Coolidge
Better
Calvin

More quotes by Amity Shlaes

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In the end, all new schools, public or private, snobby or not, add value to the education market, making it bigger and more efficient, in the same way that Zuckerberg added wealth to the economy even for non-Facebook fans.
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Today we care about budgets more than anything. Our American future hangs on the ability of government to cut budget.
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If Coolidge were a stock, he'd be a buy. The experts have historically ranked Coolidge in the bottom quartile or bottom half of all presidents. But his economic performance and his statesmanship suggest Coolidge belongs in the top quarter of presidents. The disparity between the Coolidge price and Coolidge value is huge. So revision is warranted.
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Right now we're concerned about budget. Right now we're concerned about the prospect of interest rate rise. We're concerned about government corruption, government handing out deals to specific groups. Coolidge fixed a problem like that. He came into a rough time and he, and Harding before him, fixed that by budgeting.
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The difference between recession and depression is simple. Recession, goes the saying, is when you lose your job depression is when I lose mine.
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Disillusionment can come as fast as a gust, but building faith that the government won't inflate again is like building a new sailboat, a project of years.
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Although unions may be good for a worker, singular, they are not always good for workers, plural. Especially when it comes to finding a job.
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Today many politicians suggest that where the federal government does not act, there must be anarchy. That view is odd, blinkering out the work of state and towns, which until recently did much of our charitable and cultural work. That view also blinkers out the role of mutual societies and churches.
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Everybody should pay some tax, just as everybody should vote.
Amity Shlaes
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Coolidge showed that the best government was the one that got out of the way. When he refrained, the economy grew, the Ku Klux Klan faded, and Americans got Model A's and automobiles.
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Laws must be justified by something more than the will of the majority. They must rest on the eternal foundation of righteousness.
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There's something unsettling about the education of a child who comfortably enumerates the rules for surviving zombie apocalypse but finds it uncomfortable to enumerate the rules of his grandparents' faith, if he knows them.
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Economics are part of our life. We try to treat them separately, like over there is the economy and here is history. Econ affects history and history often doesn't get it right if it doesn't respect econ.
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With demands for special education or standardized test prep being shouted in their ears, public schools can't always hear a parent when he says: 'I want my child to be able to write contracts in Spanish,' or, 'I want my child to shake hands firmly,' or, 'I want my child to study statistics and accounting, not calculus.
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Our conscience, our faith, our local community, even our online hobby clubs - all civilize us.
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Coolidge's stat was so low he's ranked in the bottom half of presidents. What I found when I encountered this man was the leader I might like to see today.
Amity Shlaes
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Coolidge was a pragmatist. He didn't start out with a tax theory. But he observed over time that lower tax rates sometimes brought in extra revenue. The success of his and Treasury Secretary Andrew Mellon's experiment with rate cuts has been obscured by our modern history books.
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Coolidge thought budgets were virtuous. He had his econ straight. He didn't just cut taxes, he also cut the budget.
Amity Shlaes
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I'm not sure Roosevelt was quite a monster, he just did a poor job on the economics.
Amity Shlaes
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The 1920s are the decade that signaled the arrival of a gift that still means a lot to us: Saturday.
Amity Shlaes