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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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Amity Shlaes
Age: 64
Born: 1960
Born: September 10
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Straight
Taxes
Cutting
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Econ
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Coolidge
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Budget
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Budgets
More quotes by Amity Shlaes
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.
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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.
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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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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
Fame is worth less than service.
Amity Shlaes
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.
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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.
Amity Shlaes
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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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.
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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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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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In a way, Calvin Coolidge is better than Reagan. His tax rates were lower, and he cut budgets.
Amity Shlaes
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
Everybody should pay some tax, just as everybody should vote.
Amity Shlaes
The lucky biographers find themselves drawn into a sort of friendship with their subject.
Amity Shlaes
I'm not sure Roosevelt was quite a monster, he just did a poor job on the economics.
Amity Shlaes
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
Anyone who experienced World War I close-hand was grossed out by it forever. It just was so awful.
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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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