Coolidge Showed That The Best Government Was

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.

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.

Coolidge Liked The Dignity Of The Presidency. He Didn't Get On The Phone Easily. It's Possible That He Banished The Phone From His Desk. He Was Known To Use It From Time To Time. The Person Who Was Hilarious With The Phone Was Hoover. He Was A Real Engineer. He Made A Closed Circuit Phone Where He Could Call The Important People And They Could Call Him, A Government Hotline, But It Was Closed. He Shut Out The Possibility Of Input From People He Didn't Expect To Get Input From.

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.

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.