HIS 202 30. President Calvin Coolidge
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@lowratehitman i just dont understand why this guy is bashing coolidge...coolidge was able to do things with our nation that presidents only dream of..he belived in small govt..in fact..when he left office..the fed govt was smaller than when he started..and the big kicker..President Calvin Coolidge cut taxes drastically in 1929, resulting in economic growth of 61 percent in total revenue...ouch...that horrible president,,,not!
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@1:58...that bet was between a woman and her husband for $5....its just the little things that people claim is history...$50..is far from $5..Coolidge was silent for a reason...he knew there was a reason why the woman wanted him to speak.
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Supposedly he and his wife were complete opposites...he was quiet and reserved, his wife, talkative and very outgoing...opposites do attract in some cases : )
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@jadedmastermind Yes and please tell me how the smoot-hawley tariff worked out
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It's ironic that many people assert that Herbert Hoover exacerbated the depression because he was a laissez-faire president when in fact Hoover was a highly interventionist president, with price controls, Smoot-Hawley, and tax hikes, all of which are the antithesis of classical liberalism.
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It was the Federal Reserve and the Rockefellers that fueled the boom that came to bust in 1929 not Laissez Faire, Harding and Coolidge are not to blame, corrupt bankers and a interventionist like Hoover were and of course the socialist movement that started under Wilson that corrupt businessmen like Morgan and Rockefeller used to their advantage. We call that Crony Capitalism and NOT Laissez Faire.
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@Willredd94 Well said.
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I miss the Republican Party of the Harding-Coolidge era. So much class and popularity and such proud traditions. Today, the majority of republicans are poor white southerners.
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Did they seriously just blame the start of the great depression on Coolidge? Wow, these guys need to check their facts.
RyannRebel 4 months ago 4
I disagree with the guys statement that Coolidge was not a good president.
I find it hilarious how people blame Coolidge, who was President before the Depression happened and was out of office when it actually struck, for the recession but then don't do the same for Bill Clinton
JudgeMagisterDelita 4 months ago 3