Cal Unsilenced

It’s me, quoting Calvin Coolidge. He didn’t want to spread wealth around, no just grow it. In 1921, he said that there is “no surer road to destruction than prosperity without character.” In 1924, from the White House he said he wanted the “people of America to be able to work less for the government and more for themselves... to have the rewards of their industry... (which) “is the chief meaning of freedom.” He believed our productive capacity to be sufficient to maintain us in a state of prosperity if we attend to both thrift and industry. And... Cal when not silent, also said: “A government which lays taxes on the people not required by urgent public necessity and sound public policy is not a protector of liberty, but an instrument of tyranny. It condemns the citizen to servitude.”

Lessons not learned from the Depression were revisited in the depression of the stock market Thursday, August 4, 2001.

Cut taxes, slash spending ...