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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

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

More quotes by Amity Shlaes

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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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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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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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The 1920s are the decade that signaled the arrival of a gift that still means a lot to us: Saturday.
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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
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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.
Amity Shlaes
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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
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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.
Amity Shlaes
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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.
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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Today we care about budgets more than anything. Our American future hangs on the ability of government to cut budget.
Amity Shlaes
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Anyone who experienced World War I close-hand was grossed out by it forever. It just was so awful.
Amity Shlaes
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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
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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
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People value Halloween, like Valentine's Day, because they can tell themselves that it's not merely secularized but actually secular, which is to say, not Christian, Jewish, Hindu or Muslim.
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.
Amity Shlaes
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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
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Fame is worth less than service.
Amity Shlaes
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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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Anything can be done if you find friends to do it with.
Amity Shlaes