Quote

Coolidge believed that government officials who tell themselves that spending benefits the economy delude themselves and the citizens. Government budgets promote human freedom.

Amity Shlaes

Change background

T
T
T

Change font

TAGS & TOPICS

Amity Shlaes
Age: 64
Born: 1960
Born: September 10
Author
Biographer
Columnist
Journalist
Writer
Tell
Budgets
Government
Officials
Human
Believed
Humans
Spending
Benefits
Citizens
Coolidge
Economy
Delude
Freedom
Promote

More quotes by Amity Shlaes

Image
Fame is worth less than service.
Amity Shlaes
Image
Coolidge really hated government being in the power business. He thought it was wrong. He saw the potential for growth in the power business. He didn't want the federal government in it.
Amity Shlaes
Image
The lucky biographers find themselves drawn into a sort of friendship with their subject.
Amity Shlaes
Image
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.
Amity Shlaes
Image
Today we care about budgets more than anything. Our American future hangs on the ability of government to cut budget.
Amity Shlaes
Image
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.
Amity Shlaes
Image
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
Image
Europe unified its monetary policy through the euro before it unified politically, therefore sustaining member countries' abilities to pursue the kind of independent fiscal policies that can strain a joint currency.
Amity Shlaes
Image
The donning of the ear buds marks the beginning of teen life, when children set off on their own for the passage through adolescence.
Amity Shlaes
Image
I think the Bushes would have liked President Coolidge, though I often wonder what nickname 43 would pick for 30. President Bush has great respect for his father, and so did President Coolidge, whose father was also in government, albeit in a smaller way.
Amity Shlaes
Image
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.
Amity Shlaes
Image
The difference between recession and depression is simple. Recession, goes the saying, is when you lose your job depression is when I lose mine.
Amity Shlaes
Image
Laws must be justified by something more than the will of the majority. They must rest on the eternal foundation of righteousness.
Amity Shlaes
Image
Coolidge cut the budget, and even better, cut it during peace and prosperity. He left a federal budget lower than the one that greeted him when he arrived in office. He managed to freeze or cut the budget over more than five years in office. If you look at charts of presidents - Nixon, Ike, and Reagan - you see them failing on this score.
Amity Shlaes
Image
I'm not sure Roosevelt was quite a monster, he just did a poor job on the economics.
Amity Shlaes
Image
The 1920s are the decade that signaled the arrival of a gift that still means a lot to us: Saturday.
Amity Shlaes
Image
To investors, job creation is a second-order effect. Market participants care first about interest rates, exchange rates, bond prices and the one great factor that affects all three: the long-term solvency of a bond company called the U.S. government.
Amity Shlaes
Image
Coolidge was a federalist. You go back and read him and it's almost intimidating to write about him because he writes better himself than anyone. He's one of the best writers as presidents go.
Amity Shlaes
Image
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.
Amity Shlaes
Image
Coolidge thought budgets were virtuous. He had his econ straight. He didn't just cut taxes, he also cut the budget.
Amity Shlaes