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Fame Is Worth Less Than Service.
-Amity Shlaes
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Fame Is Worth Less Than Service.
Amity Shlaes
Fame Is Worth Less Than Service.
Views: 21
Topic
Fame
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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.
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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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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.
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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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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.
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