Coolidge Legacy
“It is rather difficult for me to pick out one thing…The country has been at peace during that time. It hasn’t had any marked commercial or financial depression….it has been a time of a fair degree of prosperity…there has been employment for everyone who wished employment….a time of marked peace in industry as between employer and employees….a large reduction in the national debt, considerable reduction in taxes.”
Calvin Coolidge quoted in Sobel, Coolidge, An American Enigma, p. 370